Uploaded July 2021 | Updated September 2026, 1 week ago

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Ransomware is absolutely everywhere. All different types of companies from around the world are getting hit by this potentially devastating cybercrime.

Is there any way to stop these hacks? Can we trace the money hackers are making? Why is ransomware so effective? Just how big is the the criminal underground running these schemes?

This video essay gives you an overview of the crime, the technical details, the challenges in fighting, and more.

All of the references cited in the video are available at markn.ca/2021/ransomware

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Index:
- [00:00] What is ransomware?
- [00:25] How big is the problem?
- [03:37] How does it work?
- [05:31] The technical side
- [07:36] Changes over time
- [09:29] Who is doing this?
- [11:50] How are reacting?
- [13:12] What are companies doing?
- [17:15] Can companies recover?
- [17:32] ??? Should you pay ???
- [19:37] What's next?