Black Hat Europe 2025: Reputation matters – even in the ransomware economy
Business Security Being seen as reliable is good for ‘business’ and ransomware groups care about ‘brand reputation’ just as much as their victims Tony Anscombe 11 Dec 2025 • , 4 min. read Black Hat Europe 2025 opened with a presentation by Max Smeets of Virtual Rotes titled ‘Inside the Ransomware Machine’. The talk focused on the LockBit ransomware-as-a-service (RaaS) gang and Max’s research into their practices and operations. At their height, between 2022-2024, the…
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