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Insurance Acts As Governance In Cybercrime
- Insurance functions as governance by bundling risk-spreading with active incident management.
- Anya Shortland explains insurers offer helplines and response packages because victims multiply losses by mishandling crises.
Joseph Popp The Failed Father Of Ransomware
- Joseph Popp's 1989 floppy-disk "AIDS" ransomware illustrates early transaction-cost failure.
- He mailed infected disks, demanded $189 by postal order to Panama, and lost communications when the US invaded Panama.
How Ransomware Intrusions Really Progress
- Ransomware attacks usually start with social engineering to get a foothold and then exfiltrate data before encryption.
- Shortland details phishing, credential reuse, lateral sniffing, exfiltration, then an uncrackable encryption trigger.
