Why Ransomware Should Be Getting Your Attention Again

Ransomware has been a persistent headline topic for years now. As a result, a lot of people have probably gotten numb to it. I know I had. It starts to feel like background noise — another attack, another breach, another company paying out. So when I sat down with Derek Manky, Chief Security Strategist and Global VP of Threat Intelligence at Fortinet, he started walking through the numbers from Fortinet's latest Global Threat Landscape Report. That got my attention again. The data isn't background noise. In fact, it's a pretty clear signal. This shows that things are getting more serious, not less. Derek has been tracking the threat landscape for over 25 years, 22 of them at Fortinet, where he leads the FortiGuard Labs threat intelligence team. That kind of tenure is rare in this industry. Furthermore, it gives him a long view that's useful when you're trying to understand whether a trend is real or just noise. In this case, the ransomware numbers are real. The reasons behind them are more interesting than the headlines usually get into. Part of what we talked about is how the economics and tactics of cybercrime have shifted. It's not just that there are more attacks. It's that the attacks are more targeted and more deliberate. They are increasingly supported by tools that make sophisticated operations accessible to a much wider pool of threat actors. The AI angle here is real. In addition, Derek gets specific about what that actually looks like in practice — not in a theoretical sense, but in terms of tools that exist right now. He also discusses what they cost. There's also a metric from the report that I think should probably get more attention than it does. It has to do with how fast attackers move once a vulnerability becomes public knowledge. The window has gotten tight enough that some of the conventional wisdom around patching and response timelines doesn't really hold up anymore. Because of this, we talked through what that means for defenders. We also discussed what a more realistic approach looks like. One thing I appreciated about the conversation is that Derek didn't make it all sound hopeless. There's a practical framework for thinking about defense that he walks through — one that accepts the reality that you're never going to eliminate all your risk. It focuses instead on identifying and closing the exposures that actually matter most. Consequently, that's a more useful starting point for most organizations than trying to chase everything at once. We also got into some of the work Fortinet does that goes beyond building security products — specifically around disrupting cybercriminal infrastructure and working with law enforcement and international partners to hold threat actors accountable. Derek mentioned something toward the end of the conversation that I hadn't heard before. Specifically, it was a new initiative that takes a pretty different approach to gathering intelligence on cybercrime networks. Worth listening to. And because it's the TechSpective Podcast, we did eventually go off-script. There was a brief Star Trek tangent. There were house plants. That's just how these go. The full episode is below. If you work in security or are responsible for making decisions about security at your organization, it's worth the time.