Tackling cybercrime and ransomware head-on: Disrupting criminal networks and protecting organisations

Marja Laitinen and Sarah Armstrong-Smith
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Marja Laitinen: Microsoft Digital Crimes Unit (DCU) EMEA, Finland
Sarah Armstrong-Smith: Chief Security Advisor, Microsoft EMEA, UK

Cyber Security: A Peer-Reviewed Journal, 2022, vol. 5, issue 3, 190-205

Abstract: This paper provides a look into the current cybercrime trends, fuelled by the ongoing digital transformation and global pandemic, proliferating across organisations of all sizes and posing high socio-economic risk to critical infrastructure and supply chains. Attackers are capitalising on the technological advances, cloud adoption and hybrid working environments through launching targeted and persistent, human-operated ransomware campaigns. A coordinated and sustained effort is required between governments and the private sector to disrupt criminal infrastructures and global networks that cybercriminals rely on to launch and profit from their attacks. Collaboration and partnerships are also required to support organisations with building necessary cybersecurity capability to prevent, detect and respond to ransomware threats, through adopting zero trust principles and architectures by design and default.

Keywords: cybercrime; ransomware; law enforcement; organised crime; cyberattacks; cyber security protection; zero trust (search for similar items in EconPapers)
JEL-codes: M15 (search for similar items in EconPapers)
Date: 2022
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