Pay up, or else? – Week in security with Tony Anscombe

Cyber Security

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

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.

More on this topic:

Connect with us on FacebookTwitterLinkedIn and Instagram.

Products You May Like

Articles You May Like

New Mirai Malware Variant Targets AVTECH Cameras, Huawei Routers
U.S. Sanctions Chinese Cybersecurity Firm Over Treasury Hack Tied to Silk Typhoon
Critical Flaws in WGS-804HPT Switches Enable RCE and Network Exploitation
Lazarus Group Targets Developers in New Data Theft Campaign
Star Blizzard Targets WhatsApp in New Campaign

Leave a Reply

Your email address will not be published. Required fields are marked *