Experts Weigh In on Refusing or Paying After a Ransomware Attack
source: technewsworld.com | image: pexels.com
Ransomware attacks have shown signs of decreasing in recent months. Yet they still pose enough threat for organizations to rethink whether a successful breach of their computers justifies paying a ransom demand in hopes attackers will not divulge their stolen content.
According to the NCC Group Threat Pulse Report released in May, the ransomware landscape remains turbulent despite fewer reported incidents since April. Industrials (34%) and Consumer Cyclicals (18%) remained the first and second-most targeted sectors.
There has been a significant shake-up among the top 10 ransomware actors since April. Hunters, one of the leading bad actors, moved from eighth to the second most active threat actor. It launched 61% more ransomware attacks in April than in March. RansomHub replaced RA Group in third place and saw a 42% increase in attacks over March.
The policy of not paying ransom, often called a “no concessions” policy, is a widely debated strategy in counterterrorism and hostage situations. Its effectiveness continues to be argued from multiple perspectives. Cybersecurity experts apply the same reasoning when deciding whether to make or not make ransomware payments. Continue reading “Experts Weigh In on Refusing or Paying After a Ransomware Attack”