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Should You Pay The Ransom?

Our presenters are experts in cyber warfare, network architecture, and ethical hacking, providing thought leadership on cybersecurity topics.

A gloved hand passing a key to an ungloved hand that is holding money. A laptop with a padlock on the screen is in the background.

Should You Pay The Ransom?

Too often we read news articles about counties and cities that have been hit by ransomware. In many of these instances, public safety has also been affected. These local governments and agencies must face a difficult decision: "Should we pay the ransom?" This topic of “paying the cyber-criminal’s extortion demands” has not been given a very deep analysis, especially considering the impact of these attacks. As part of a good Incident Response Plan, this topic should be addressed in advance of the emotion surrounding a cyber-crisis.

In this on demand webinar we discuss:

  • Can you trust the hacker to provide the encryption keys?
  • What are the possible good reasons for paying the ransom?
  • Will paying really reduce costs or speed up recovery?
  • What “unintended consequences” might result?
  • How does cyber-insurance influence the decision-making process?

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