Mastering Cyber Shadows: Alex Cox's take on LockBit's resilience and the role of threat intelligence

This Secure Talk podcast interviews Alex Cox, Director of Threat Intelligence for LastPass. We discuss the evolution of cybercrime, the significance of threat intelligence, and the recent takedown of the notorious ransomware group, Lockbit. The conversation covers Alex’s background in law enforcement and cyber security, the progression of cybercrime from Zeus Trojan to ransomware, the entrepreneurial approach of cybercriminals in the development of ransomware operations, and the increasing complexity of cybercriminal organizations.

The interview delves into the functioning of Lockbit, its business-focused model with customer support and blog site, and its resilience in resurfacing after takedowns. Furthermore, the conversation touches on the shifting landscape of cybercrime, the interplay between cybercriminal organizations and nation-states, and the challenges in combating cybercrime, including the use of cryptocurrency for money laundering.

As the conversation concludes, Alex provides insights into the professional and adaptive nature of cybercriminals, emphasizing their vigilance in understanding the actions of cybersecurity professionals. Overall, the interview offers valuable insights into the complex world of cyber threats, the role of threat intelligence, and the ongoing battle between cybercriminals and law enforcement