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Ransomware Evolution

Easy Prey

Release Date: 09/16/2026

Ransomware Evolution show art Ransomware Evolution

Easy Prey

Ransomware has changed dramatically over the years. What started as criminals locking up individual computers and demanding relatively small payments has grown into a much larger operation involving stolen data, entire networks, third-party vendors, and increasingly sophisticated ways of pressuring victims to pay. Now AI is adding another wrinkle, giving criminals new tools while also creating some unexpected problems for them. Joining me to talk about how ransomware has evolved is Allan Liska, a ransomware researcher and Field CISO at Recorded Future. Allan has more than 30 years of...

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A drink can be out of your sight for only a moment, but that may be all it takes for someone to tamper with it. Spiking can happen in bars, restaurants, festivals, and even among people who already know and trust each other. It also goes far beyond alcohol. Drinks, food, vapes, cigarettes, and other substances can be altered without someone’s knowledge, leaving them vulnerable before they fully understand what is happening. Dawn Dines has spent more than 20 years working to change how people understand and respond to spiking. She is the founder and CEO of Stamp Out Spiking, a UK charity...

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What sounds like the plot of a crime thriller was Sharon Armstrong’s real life. An online romance drew her into an elaborate web of lies involving overseas contracts, invented emergencies, and several people playing carefully planned roles. By the time she arrived at an airport in Argentina with five kilograms of cocaine hidden inside her suitcase, she still believed she was carrying business documents for the man she loved. Sharon was arrested and spent more than two years in an Argentinian prison before returning home without a conviction. During that time, she had to confront the truth of...

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Everybody is searching for ways to increase income. Unfortunately, MLMs often look like an easy way to start a business without taking on the cost of a traditional company. The pitch sounds simple. Buy the product, follow the plan, and put in the work. The numbers behind those promises often tell a different story. Today’s guest, Stacie Bosley, has spent years studying what really happens inside MLMs. She is a professor at Hamline University in Minnesota and holds a Ph.D. in applied economics. Her research covers multi-level marketing, consumer protection, income claims, and pyramid scheme...

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A familiar voice on the phone or a recognizable face on a video call used to offer some reassurance that you knew who you were dealing with. AI has changed that. Voice cloning, face swaps, and real-time video impersonation now allow scammers to convincingly pose as executives, job candidates, romantic interests, or even family members. Understanding how these attacks work and where they may be headed is a central part of Tom Cross’s work as Head of Threat Research at GetReal Security. Tom has spent more than 30 years studying cybersecurity threats, software vulnerabilities, and the methods...

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Most people use technology all day without giving much thought to what is happening behind the screen. We trust routers that may not have been updated in years, depend on internet systems few of us understand, and now turn to artificial intelligence for everything from travel plans to home repairs. That convenience comes with tradeoffs. In this episode, we look at the weaknesses built into our connected world and what happens when our technical knowledge fails to keep pace with the technology surrounding us. Sherrod DeGrippo leads threat intelligence for Unit 42 at Palo Alto Networks, where...

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When most people think about online scams, they picture criminals sitting behind a screen and stealing from victims around the world. But in Southeast Asia, many of the people sending those messages are victims too. Some were promised legitimate jobs, flown across borders, trapped inside guarded compounds, and forced to scam others while trying to survive.  In this episode, I talk with Ivan Franceschini, a lecturer in Chinese Studies at the Center for Contemporary Chinese Studies Asia Institute. After years of studying labor rights, civil society, and Chinese investment in Cambodia,...

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More Episodes

Ransomware has changed dramatically over the years. What started as criminals locking up individual computers and demanding relatively small payments has grown into a much larger operation involving stolen data, entire networks, third-party vendors, and increasingly sophisticated ways of pressuring victims to pay. Now AI is adding another wrinkle, giving criminals new tools while also creating some unexpected problems for them.

Joining me to talk about how ransomware has evolved is Allan Liska, a ransomware researcher and Field CISO at Recorded Future. Allan has more than 30 years of experience in information security and has spent the last 12 years researching ransomware. He has advised major corporations and government agencies, served on national ransomware task forces, and written extensively about ransomware and threat intelligence.

We talk about how ransomware became the business it is today, why small businesses can be just as vulnerable as larger organizations, and how attackers are increasingly going after trusted vendors instead of their intended targets directly. We also discuss what happens inside an organization after an attack, why disrupting ransomware groups really can make a difference, how AI is being used by criminals, and some of the mistakes ransomware operators make that ultimately work against them.

Show Notes:

  • [01:06] Allan Liska introduces himself and shares how his work at FireEye led him to begin researching ransomware more than a decade ago.
  • [03:10] Growing ransomware problems pushed Allan and other researchers to begin developing better detections for attacks that many security teams were overlooking.
  • [05:22] Ransomware evolved from attacks on individual computers to taking down entire networks and later stealing data to pressure victims into paying.
  • [06:30] Publicly naming victims gave ransomware groups their own form of publicity and made it much harder for organizations to quietly deny an attack.
  • [08:05] Encryption creates technical challenges for criminals, and stealing valuable data can sometimes be just as effective as encrypting an organization’s systems.
  • [09:28] Attackers increasingly target vendors and partners, while some groups are now using AI to create fake stolen data and falsely claim organizations as victims.
  • [13:05] Chris and Allan discuss how transparency and regular communication can help organizations manage public trust after a security incident.
  • [14:35] Ransomware response can quickly lead to employee burnout, making outside coordination and basic needs like sleep, food, and scheduling an important part of incident management.
  • [16:14] A major breach may temporarily open security budgets, so organizations should already know which improvements they would prioritize after an incident.
  • [23:29] International law enforcement agencies have become increasingly creative about tracking ransomware operators and waiting for them to make mistakes.
  • [25:48] Being skilled at hacking does not necessarily mean criminals are equally skilled at protecting their identities or activities from intelligence agencies.
  • [28:21] Ransomware groups frequently make technical and strategic mistakes, including faulty AI-generated tools, reused encryption keys, and stealing data nobody considers valuable.
  • [29:36] Fewer ransomware victims are paying, but average payments are increasing, and ransomware remains profitable enough to attract new threat actors.
  • [33:09] Allan explains why simply banning ransom payments may not work and discusses approaches that could give governments better intelligence about where payments go.
  • [39:33] Collaboration remains an important part of ransomware research, and Allan encourages people entering the field to learn from other researchers and security communities.

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