Honor Among Thieves: Anja Shortland and Ransomware
From The Answer Is Transaction Costs by Michael Munger
April 28, 2026 · 1h 7m
About this episode
A discussion with Dr Anya Shortland about the economics of ransomware and the institutions that enable extortion markets.
Send us Fan Mail A talk with Dr Anya Shortland about the economics of ransomware and the gray-zone institutions that let extortion markets function when nobody can truly enforce trust. We dig into how cyber insurance quietly becomes a form of governance, why data leaks change the game, and what national security risks emerge as everything gets connected. • criminal markets that sit between legal firms and underworld gangs • insurance as governance through protocols, repeat play, a...
People in this episode
Host: Michael Munger
Guest: Dr Anya Shortland
Topics covered
- ransomware
- economics
- extortion markets
- cyber insurance
- national security
- data leaks
Keywords
- ransomware
- extortion
- cyber insurance
- data leaks
- national security
- trust
- governance
Mentioned in this episode
Organizations: cyber insurance
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