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Ransomware: characteristics and impact on the economy

On the occasion of the Cybersecurity Monthour Malware Lab decided to dedicate an in-depth analysis to the ransomwaremalware around which a real business has developed, turning hackers from mere attackers into blackmailers and extortionists. 

It all starts with theinfection of the device, followed by the encryption (the user can no longer access files, documents, images and other data), redemption (explains how and how much to pay to obtain the decryption key and recover what has been compromised) and payment (It is not certain that giving in to pressure will solve the problem: in 2022, an estimated 19% of the organisations that paid the ransom failed to recover their data). 

Companies of all categories and sizes are victims of this new market, totalling more than 236 million attacks globally (year 2022). 42% of these ended in ransom payments. 

If you wish to learn more, here is the link to our full report

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https://www.defencetech.it/mailing-list-malware-report

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Degree in Business Administration from the University of Naples 'Federico II' with an MBA in Business Management achieved with high merit in 2008 by winning a scholarship provided by Invitalia S.p.A. from which she was selected in the first months of attendance as the best MBA profile.

After a brief experience in Invitalia S.p.A., he immediately held increasingly important roles in the management of Administration, Finance and Control of companies operating in the defence sector, theInformation Technology, of Cyber and National Security. In addition, she was Treasury Manager in companies operating in theEnergy.

He obtained an Executive Master in Finance (EMF) at SDA Bocconi in 2020, with a specialisation in Corporate Finance & Control and, in 2022, a further specialisation track in Asset, Wealth Management also at SDA Bocconi.

For over five years it has been the Chief Financial Officer of the Defence Tech Group, whose listing process he followed on the Euronext Growth Milan segment of Borsa Italiana.

From 2017 to 2024, she was a member of the boards of directors of all the legal entity of the Defence Tech Group with delegated powers over their financial management and from October 2021 to October 2024 was a Board Member of the Holding Company.

It is currently also Investor Relations Manager of the listed Defence Tech and follows all ESG issues of the Group.

In July 2021, she was recognised by Federmanager as one of the best talents under 44 at national level, receiving an important award as Young Manager 2020.