The Rise of the Adversary Economy

Cybercrime isn’t just about hackers in hoodies anymore, it’s a thriving global economy. From sophisticated ransomware cartels to small threat crews like Scattered Spider, modern adversaries operate like well-funded startups with R&D, organized sprints, customer service, and strategic partnerships.

This session unpacks how cybercrime has evolved into a structured ecosystem including Initial Access Brokers, MaaS (Malware-as-a-Service), and extortion marketplaces.  Learn why understanding these economic drivers is critical to defending against them. Attendees will leave with a clear view of how groups like FIN7e, LAPSUS$, and others are monetizing the hack, the data extraction, and double extortion and how defenders can disrupt their business model.