The implications of paying ransom demands – Week in security with Tony Anscombe
Video
Organizations that fall victim to a ransomware attack are often caught between a rock and a hard place, grappling with the dilemma of whether to pay up or not
03 May 2024
The Simone Veil hospital in Cannes, France – which fell victim to a disruptive ransomware attack two weeks ago – has announced that it refused to pay the extortion demand from the LockBit 3.0 ransomware gang. The facility had to take all its computers and systems offline and reschedule non-emergency procedures and appointments in the aftermath of the attack. The gang has also released what It says are samples of data stolen during the attack.
More broadly, what are the motivations behind paying, or not paying, ransom fees? Indeed, should you pay up, and how does cyber-insurance come into play? Find out in the video.
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Video Organizations that fall victim to a ransomware attack are often caught between a rock and a hard place, grappling with the dilemma of whether to pay up or not 03 May 2024 The Simone Veil hospital in Cannes, France – which fell victim to a disruptive ransomware attack two weeks ago – has announced…