In this episode of the Microsoft Threat Intelligence Podcast, host⁠ ⁠⁠Sherrod DeGrippo speaks with Cynthia Kaiser to unpack the progression of ransomware from isolated attacks into a sophisticated global criminal ecosystem. Drawing on her two decades at the FBI and current role at Halcyon, Cynthia explains how cybercrime has scaled through organized networks, improved tactics, and increasing speed, with some attacks now unfolding in under an hour.

The conversation explores how law enforcement strategies have shifted from targeting low-level actors to disrupting entire ecosystems, leading to more impactful takedowns. Cynthia also highlights the real-world consequences of ransomware, including its growing impact on critical infrastructure like hospitals and the potential for loss of life. The episode examines how AI is shaping both attacker and defender capabilities, accelerating phishing and access while also enabling stronger defensive responses.

In this episode you’ll learn: