The Growing Ransomware Threat: Targets, Insights, and Strategies with Halcyon's Jon Miller | E1877

This Week in Startups is brought to you by… Scalable Path. Want to speed up your product development without breaking the bank? Since 2010, Scalable Path has helped over 300 companies hire deeply vetted engineers in their time zone. Visit http://www.scalablepath.com/twist to get 20% off your first month. Northwest Registered Agent. When starting your business, it's important to use a service that will actually help you. Northwest Registered Agent is that service. They'll form your company fast, give you the documents you need to open a business bank account, and even provide you with mail scanning and a business address to keep your personal privacy intact. Visit http://www.northwestregisteredagent.com/twist to get a 60% discount on your next LLC. Vanta. Compliance and security shouldn't be a deal-breaker for startups to win new business. Vanta makes it easy for companies to get a SOC 2 report fast. TWiST listeners can get $1,000 off for a limited time at http://www.vanta.com/twist * Today’s show: Jon Miller, CEO and Founder of halcyon joins Jason to discuss how ransomware attackers get away with it and stay anonymous (6:12), hacker markets, bounties, tools, and AI's role (16:20), proactive measures for startups to safeguard themselves (34:42), and more! * Timestamps: (0:00) Jon from Halcyon joins host Jason. (2:52) Delving into the renaissance of ransomware. (6:12) How ransomware attackers get away with it and stay anonymous. (8:27) Strategies for counteraction and policy implications. (10:10) Scalable Path - Get 20% off your first month at http://www.scalablepath.com/twist (11:31) 2023 ransomware attacks on MGM and Caesar's in Las Vegas. (13:52) Halcyon's endpoint agent: a solution to thwart threats. (16:20) Exploring hacker markets, bounties, tools, and AI's role. (19:57) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist (21:55) The effectiveness of multi-factor authentication and strong passwords. (22:49) Comparing financial vs. espionage attacks and the Colonial Pipeline event. (29:26) The escalating danger for companies and the Uber cyber attack. (31:27) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist (32:35) AI and quantum computing: new frontiers for hackers. (34:42) Proactive measures for startups to safeguard themselves. (37:08) Growing hacker sophistication in places like China, North Korea and Iran. (41:00) How the USA ranks in the world with cybersecurity and computer hacking. (43:41) Your privacy is an illusion and a look at the information available on TikTok. (48:01) The biggest threat that keeps Jon up at night. (50:36) American Power Grid Vulnerabilities and ways to be prepared. * Check out halcyon: https://www.halcyon.ai * Thanks to our partners: (10:10) Scalable Path - Get 20% off your first month at http://www.scalablepath.com/twist (19:57) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist (31:27) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist * Follow Jon: X: https://twitter.com/HalcyonAi LinkedIn: https://www.linkedin.com/in/jonmillerhalcyon * Follow Jason: X: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast