RANSOMWARE HACKED: Leaked Chat Logs

About this video

• Video Title: RANSOMWARE HACKED: Leaked Chat Logs
• Channel: PC Security Channel
• Speakers: Leo
• Duration: 00:09:16

Overview

This video analyzes leaked chat logs from a ransomware negotiation between the Lockbit group and a victim. It explores the dynamics of these negotiations, why victims pay, typical pricing, and the pragmatic approach of cybercriminals. The video also touches on the sophisticated infrastructure of ransomware groups and the use of the dark web for selling stolen credentials, highlighting how these elements contribute to their success.

Key takeaways

• Ransomware Negotiations are Pragmatic: Cybercriminals assess the victim's value and extract payment accordingly, often charging less than the cost of a professional forensic investigation.
• Victims Pay for Various Reasons: Beyond recovering data, victims may pay to avoid future attacks, understand the breach, or simply because it's the easiest and cheapest solution.
• Ransomware Groups Operate Like Businesses: They have structured infrastructure, offer technical support for decryption, and even provide "peace meal" services, pricing themselves like legitimate companies.
• Dark Web is a Key Enabler: Stolen login credentials sold on the dark web can be a starting point for ransomware attacks, and data exfiltrated during an attack is often leaked or sold there if the ransom isn't paid.
• Cybercriminals are Skilled Negotiators: Their primary skill lies in identifying and targeting the right victims, knowing precisely how much they are willing to pay to regain access to their systems and data.