Resources

How ransomware negotiation works

Written by External Author | Feb 15, 2021 1:45:00 PM

Ransomware has been one of the most devastating malware threats that organizations have faced over the past few years, and there's no sign that attackers will stop anytime soon. It’s just too profitable for them. Ransom demands have grown from tens of thousands of dollars to millions and even tens of millions because attackers have learned that many organizations are willing to pay.

Many factors and parties are involved in ransomware payment decisions, from CIOs and other executives to external counsel and insurance carriers, but the increasing need to make such payments has created a market for consultants and companies that specialize in ransomware negotiation and facilitating cryptocurrency payments.

Read More...