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Stock impact report

Infiltrating ransomware gangs on the dark web [CBS News]

INDUSTRIAL & COM UNSP/ADR (IDCBY) 
NASDAQ:AMEX Investor Relations: dictionary.com/browse/industrial
Company Research Source: CBS News
to attack tech companies, hotels, casinos, and hospitals in the United States, taking their data hostage by encrypting it and demanding ransom for the keys to unlock it. Jon DiMaggio, a former analyst who worked for the National Security Agency, now investigates ransomware as chief security strategist for the cybersecurity firm Analyst1. "We're just getting destroyed," he told Whitaker in an interview. "The amount of money that's going out of our economy, going into the hands of criminals, is astronomical." DiMaggio said he has spent years developing relationships with ransomware hackers on the dark web and worked his way up to the leadership of the ransomware gang LockBit. "I realized these guys are touchable…I can pretend to be someone else and go out and actually talk to them and extract information," he told 60 Minutes. DiMaggio said he develops fake online personas by creating social media and email accounts, and then posts and communicates with people online to create Show less Read more
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