Ransomware 2.0: An Emerging Threat to National Security
Australian Journal of Defence and Strategic Studies Ahmed, M., Bachmann, S.D., Ullah A.B. & Barnett, S. (2022). Ransomware 2.0: an emerging threat to national security’. Australian Journal of Defence and Strategic Studies 4(1), 125–132. https://doi.org/10.51174/AJDSS.0401/EMQH2521
9 Pages Posted: 28 Feb 2023
Date Written: July 8, 2022
Abstract
The global COVID-19 pandemic has seen the rapid evolution of our traditional working environment; more people are working from home and the number of online meetings has increased. This trend has also affected the security sector. Consequently, the evolution of ransomware to what is now being described as ‘Ransomware 2.0’ has governments, businesses and individuals alike rushing to secure their data.
Ransomware 2.0 is a relatively new concept and employs a ‘double extortion’ model, where a ransom must be paid to prevent both data loss and data leakage. Many new and improved detection techniques that have been developed for traditional ransomware are beneficial in this new ever-changing threat landscape. These include tools such as EldeRan, RansomWall and RansHunt, which possess features and capabilities that are essential in the early identification and eradication of ransomware.
Keywords: Ransomware, national security, cybersecurity, countermeasures, cyber resilience, whole of government approach
JEL Classification: Y1, Y10, L9, Z18, Z38
Suggested Citation: Suggested Citation