Paying Ransomware Could Lead To Fines

Ransomware has become an all too common problem for businesses. The question of whether a company should pay the ransom to get their information back is a complex one. More statistics are showing that using a proactive plan to information security will have better results than paying the ransom. Recent statistics do show that a higher percentage of victims are getting their data recovered, but 1/3 of victims still are not. In addition, statistics show that lost work costs a company several times more than the cost of the ransom.

Please read more on what the U.S. Government is asking the public to do, and why they may start fining individuals, or companies, that negotiate with an entity that is already under economic sanctions. 

https://krebsonsecurity.com/2020/10/ransomware-victims-that-pay-up-could-incur-steep-fines-from-uncle-sam



Owner

Travis Ramsey

“Ransomware has become an all too common problem for businesses.”

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