Why a Ransomware Group Is Pretending to Be a Real Company
The Journal.
The Wall Street Journal
4.2 • 5.8K Ratings
🗓️ 28 October 2021
⏱️ 15 minutes
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| 0:00.0 | In the last couple of years, there's been a huge surge of ransomware hacking attacks. |
| 0:11.7 | Companies all across the U.S. in different parts of the economy have been hit. |
| 0:16.6 | A cyber attack forced one of the nation's largest fuel pipeline operators to shut down |
| 0:21.5 | operations. |
| 0:22.5 | The ransomware attack hit Colonial Pipeline yesterday. |
| 0:26.1 | The ransomware hackers are reportedly targeting computer company Acer, demanding $50 million. |
| 0:32.7 | The world's largest meat producer canceled shifts at its U.S. and Canadian meat plants |
| 0:38.1 | on Tuesday. |
| 0:39.5 | After JBS said it was hit with a crippling cyber attack over the weekend. |
| 0:47.5 | These hacks are happening more often and the size of the ransoms are getting bigger. |
| 0:52.8 | It's boom times for ransomware operators. |
| 0:56.5 | It's been gradually becoming the number one problem for cyber security. |
| 1:01.3 | The Treasury Department says that ransomware is bringing in about $100 million a month |
| 1:08.4 | in the United States. |
| 1:10.7 | That's our colleague Bob McMillan who covers cyber security. |
| 1:14.1 | He says one of the biggest criminal operations in ransomware is a hacking group known as Fin |
| 1:19.7 | 7. |
| 1:21.2 | Recently, new details have emerged about how this group operates. |
| 1:25.9 | In particular, how Fin 7 has been trying to lure tech professionals to come and work |
| 1:31.4 | for them. |
| 1:33.4 | Fin 7 has been recruiting out in the open. |
| 1:36.8 | And actually much of how this criminal enterprise operates looks a lot like a regular tech |
... |
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