Peter Stančík

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Evolution of Ransomwares

Ransomware is one of the most troubling cyber threats today. This malicious code typically encrypts device content and asks the victim to pay a considerable ransom for its decryption. Such a business model has proven to be an efficient financial resource for cybercriminals. Over the years, they managed to improve the rather straightforward nature of this model with a few new methods in order to maximize their revenues. The presentation will offer an overview of some of those innovative ransomware families. In addition, we will discuss the most common infection vectors of ransomware, global and local detection statistics from ESET’s perspective, as well as recommendations on how to battle this phenomenon.

Peter Stančík,
Security Evangelist, Malware Research Team, ESET s.r.o.

stancikPeter Stančík has been a part of ESET since 2010, working as a Security Evangelist. He graduated from the Technical University in Brno with a specialization in telecommunications, in which he also devoted himself to research in the field of cryptology. In ESET, he is involved in processes related to the education of the public and experts in the sphere of security threats.

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