Spoiler Alert: According to the article below, in a recent podcast the FBI “warned against paying ransoms” and doesn’t like to see companies pay the ransom because, the old law of supply and demand just means that ransomware is more profitable and, therefore, we see more of it.
The reality is, however, once hit with ransomware, unless companies have adequate backup capabilities, they have little choice but to pay: “between 60 and 70 percent of businesses targeted by a ransomware attack are paying their attackers to have files and systems unencrypted. ‘They are paying ransom in order to maintain business continuity.'”
Read the full article: Ransomware Epidemic Prompts FBI Guidance – DataBreachToday
Paying Ransom is arguably a bad idea. I’m surprised at how many people are doing it.
Reblogged this on Sitting Duck Portland.