Titlebook: Digital Shakedown; The Complete Guide t Harry Halikias Book 2024 The Editor(s) (if applicable) and The Author(s), under exclusive license t

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https://doi.org/10.1007/978-3-642-88069-8y for ransom payments, contrasting with earlier reports suggesting a trend of stockpiling cryptocurrency as a preparative measure against ransomware attacks. The findings underscore the complex interplay of preparation, decision-making, and response strategies in mitigating ransomware risks. Additio

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The Three Cs of Ransomware,e attacks. By examining Cryptography, Cryptocurrency, and Customer Service, we reveal how these components collectively contribute to the success of ransomware operations. Cryptography ensures data is encrypted and inaccessible, and thus central to the extortion process, while Cryptocurrency enables

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Business Impacts of Ransomware,ansomware attacks and defending against them. Ransomware, described as a pervasive threat to society, is operated by organized groups aiming for profitability, akin to business entities, and relies heavily on human decisions at various stages, from execution by operators and affiliates to the respon

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Preparation, Response, and Recovery,sponse, and recovery alongside the contentious role of cyber insurance. The insurance industry and conventional wisdom depict cyber insurance as a business safeguard, providing necessary financial coverage for data breaches and recovery costs. It also highlights its potential to inadvertently fuel r

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R. Fahlbusch,J. Honegger,M. Buchfelderlion dollar concern. Originating with the 1989 AIDS Trojan, ransomware has evolved from simplistic schemes to sophisticated operations leveraging cryptocurrencies such as Bitcoin for untraceable transactions. This chapter delves into the ransomware threat landscape, illustrating its progression from