The Business of Ransomware: How Attacks Are Planned and Negotiated- Part 2
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The Business of Ransomware: How Attacks Are Planned and Negotiated- Part 2
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What really unfolds once a ransomware attack hits?
In this episode of The Cybersecurity podcast by EC-Council, host Jay Bavisi sits down with Kurtis Minder — a ransomware negotiator and cyber intelligence specialist who operates inside the ransomware underground.
With years of experience observing, engaging, and negotiating with ransomware #groups, building human intelligence networks, and guiding organizations through active attacks, Kurtis reveals how ransomware truly works.
This episode explores:
- How ransomware gangs are organized and why they run like companies
- What real ransom negotiations sound like behind closed doors
- Why these talks often last weeks instead of hours
- How automation and #ai are reshaping ransomware campaigns
- What happens when double extortion and data leaks come into play
- You’ll also hear stories from Kurtis’s earliest negotiations, incidents that went off track, and why understanding attacker psychology is essential to defending against cybercrime.
This episode delivers an insider’s view of ransomware, built on real-world incidents, hard decisions, and the realities organizations face under pressure.