The report “From Tactics, Techniques & Procedures to Business Impact: Understanding the Ransomware Threat” examines the evolution of ransomware from early attacks to sophisticated operations like WannaCry and NotPetya. It highlights the shift from indiscriminate “spray and pray” campaigns to targeted big-game hunting, increasing the financial and operational impact on organizations. The report explores the growing business model behind ransomware, including the role of operators, affiliates, and initial access brokers, while offering insights into recent trends and strategies for protecting organizations against these escalating threats.

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