Risky Bulletin Risky Bulletin

Srsly Risky Biz: Data extortion is booming. Hooray!

Aug 13, 2026 · 30m

Summary

James Wilson and Tom Uren discuss the rise of data extortion over encrypting ransomware, noting it targets wealthy firms like law practices with less societal disruption. They argue governments should prioritize disrupting traditional ransomware while leveraging AI to advance "secure by design" principles. The episode explores how AI harnesses and potential liability reforms could democratize secure coding standards for developers.

Topics discussed

Intro, sponsor Island Security, and episode overview Data extortion vs ransomware and Secure by Design in AI age Why data extortion is more effective than file encryption Policy implications: Targeting high-value firms vs public harm Tactics of Silent Ransom and Blackfile cyber groups Government strategy: Prioritizing disruption of encrypting ransomware Secure by Design history and AI's role in code generation Using AI harnesses and pipelines to improve code security Centralized vs decentralized approaches to AI security standards Liability, EULAs, and verifiable AI attestation for code
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