Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Firms That Promised High-Tech Ransomware Solutions Almost Always Just Pay the Hackers

Pro Publica – “As ransomware attacks crippled businesses and law enforcement agencies, two U.S. data recovery firms claimed to offer an ethical way out. Instead, they typically paid the ransom and charged victims extra…

The payments underscore the lack of other options for individuals and businesses devastated by ransomware, the failure of law enforcement to catch or deter the hackers, and the moral quandary of whether paying ransoms encourages extortion. Since some victims are public agencies or receive government funding, taxpayer money may end up in the hands of cybercriminals in countries hostile to the U.S. such as Russia and Iran…”

Sorry, comments are closed for this post.