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Breaking Badness

Inside Ransomware’s Supply Chain: Attribution, Rebrands, and Affiliate Betrayal

11 Jun 2025

Description

In this RSA Conference 2025 special episode, we explore two critical frontiers shaping the future of cybersecurity. First, Jon DiMaggio (Author of The Ransomware Diaries, Analyst1) breaks down the hidden supply chains behind ransomware gangs, including the economics of affiliate betrayal and the challenge of accurate attribution. He walks us through his methodology for identifying ransomware rebrands like BlackCat and RansomHub using evidence-based frameworks designed to eliminate human bias. Then we’re joined by Matt Radolec (VP of Incident Response at Varonis), who brings a fresh perspective on talent development in cybersecurity. Drawing from his keynote "From Gamer to Leader", Matt argues that gamers possess untapped potential as cybersecurity professionals and it’s time to design leadership pipelines like quest lines. From ransomware negotiations on underground forums to using AI-enhanced playbooks and transforming threat response teams into RPG-style guilds, this episode blends technical insight with cultural reflection.

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