The idea that the spending needs to grow linearly with the growth is a damning indictment of the mindset of the vast ineffectual mess that is the cybersecurity industry.
It’s not a popularly held mindset, either within the security industry or outside of it. This piece seems to be pitched at salespeople whose only job is to extract money from other companies.
Basic hygiene security hygiene pretty much removes ransomware as a threat.
Serious professionals use one or more spending models to determine budget.
My favorite is the Gordon-Loeb model[0], but there are others that are simpler and some that are more complex. Almost none that imply the budget should naively grow in lockstep with prevelence linearly.
I think TFA doesnt really mean to imply that it should, merely that there is a likley mismatch.
This is a similar fact in government. For instance in the UK with the NHS and other services, we often look at total spending and assume that spending has to stay at least constant in real terms or grow, when in reality you want some metric of spending per outcome.
Apply that to any other war or arm's race. "The fact that the US' defense spending needs to grow linearly with China's is a damning indictment of the mindset of the vast ineffectual mess that is the defense industry".
Do you just expect one side to magically be more dollar-efficient than the other? I'm confused.
I don't think there is a reasonable correlation, since stopping ransomware doesn't require that much of an increase in spending; it's a culture thing more than a money thing.
Companies spend a ton of money on very sophisticated, powerful, invasive, and expensive software to protect themselves against ransomware.
But the best antidote to many forms of ransomware isn't security software at all— it's offline backups.
Like so much in cybersecurity, an analysis by spending categories like this feels like vendors and their marketing teams driving the discourse. Even if we accept that dollars provide the right lens through which to look at this problem, companies that spend more on making sure they have good backups and good restore procedures aren't going to show up as spending more on cybersecurity in this kind of analysis.
Well, given that C levels see cybersecurity has a bad return on investment (read: insurance), Ive seen countless numbers of people laid off these jobs.
So yeah, I'm surprised its only 3x, and not even more.
A good abliterated local LLM is great at finding dumb exploits and writing ransomware code. And the cybersec professionals? Yeah, theyre pivoting elsewhere and gone.
There is a publication making a related point in the DeFi security context: as TVL rises, the incentive to attack rises too, and defenses do not (or cannot) automatically scale with it[1].
Stopping Ransomware is trivial if governments knew where the money goes. But cryptocurrencies and lax capital control pushed by the uber-rich makes it impossible.
The technology is there and it is used to track the average citizens every move. But when it comes to rich people then the money goes and comes without control (and without taxation).
Cryptocurrencies are a great solution to enable criminal activity. Their only use and highly appreciated by terrorists, criminals and dictatorial governments around the world.
If ransomware spending must scale directly with ransomware attacks then I don't see how companies could possibly keep up with the spending. A lot of the "gaps" in cybersecurity are essentially spending problems. Companies want to spend as little on it as they can.
Wait until companies try powering their businesses with agentic systems. Then businesses aren't paying a ransom to prevent privacy law lawsuits, but rather they'll be paying a ransom equivalent to the black market value of their business.
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> damning indictment of the mindset of the vast ineffectual mess that is the cybersecurity industry
Cybersecurity is not about stopping issues but about compliance and liability. Attend RSA once, and you will see it yourself.
Basic hygiene security hygiene pretty much removes ransomware as a threat.
My favorite is the Gordon-Loeb model[0], but there are others that are simpler and some that are more complex. Almost none that imply the budget should naively grow in lockstep with prevelence linearly.
I think TFA doesnt really mean to imply that it should, merely that there is a likley mismatch.
[0] https://en.wikipedia.org/wiki/Gordon%E2%80%93Loeb_model
Do you just expect one side to magically be more dollar-efficient than the other? I'm confused.
Is there some reason to believe that this isn't the best approach? And if not, then any theories as to why it hasn't been enacted?
But the best antidote to many forms of ransomware isn't security software at all— it's offline backups.
Like so much in cybersecurity, an analysis by spending categories like this feels like vendors and their marketing teams driving the discourse. Even if we accept that dollars provide the right lens through which to look at this problem, companies that spend more on making sure they have good backups and good restore procedures aren't going to show up as spending more on cybersecurity in this kind of analysis.
So yeah, I'm surprised its only 3x, and not even more.
A good abliterated local LLM is great at finding dumb exploits and writing ransomware code. And the cybersec professionals? Yeah, theyre pivoting elsewhere and gone.
[1] https://web.archive.org/web/20240911103423/https://www.bittr...
The technology is there and it is used to track the average citizens every move. But when it comes to rich people then the money goes and comes without control (and without taxation).
Cryptocurrencies are a great solution to enable criminal activity. Their only use and highly appreciated by terrorists, criminals and dictatorial governments around the world.
If your counter measures are effective, you would expect sub-linear growth, heck you should demand it!
The security industry is so fucked up.