Security Squawk - The Business of Cybersecurity
Bryan Hornung Reginald Andre & Randy Bryan
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Cybercrime Economy Exposed. Billions Paid. Banks Breached
This episode breaks down the true scale of the cybercrime economy. Randy covers the Marquis vendor breach that exposed data across more than 74 banks and credit unions and highlights the ongoing weakness in third-party risk. Andre examines the FinCEN report showing over 2 billion in ransomware payments last year and reveals how organized these criminal groups have become. Bryan closes with a deep dive into the US Treasury's decade long analysis of 4.5 billion in ransom payments, showing how ransomware has grown into an economy that rivals legitimate global businesses. This is essential insight for business leaders, MSPs, and IT professionals who want to understand what is really driving the surge in cybercrime.
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