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Ransomware often leaves businesses feeling vulnerable and emotionally drained, especially if confidential information has been breached. Management is confronted with the big question of...
Learn more:Ransomware often leaves businesses feeling vulnerable and emotionally drained, especially if confidential information has been breached. Management is confronted with the big question of...
www.forbes.com/councils/forbesbusinesscouncil/2…Sometimes it is, but there are both moral and technical hazards to paying the ransom. The obvious moral hazard is that paying the ransom directly funds criminal enterprises, making their attacks much more effective against the next victims.
ransomware.org/why-should-we-pay-the-ransom/Paying a ransom demand only benefits criminals as it financially rewards attackers. It’s the sole reason why ransomware is so prevalent and profitable today. The more organizations pay demands, the more cybercriminals earn.
www.spiceworks.com/it-security/vulnerability-mana…According to new data from crypto forensics startup Chainalysis, known ransomware payments almost doubled in 2023 to surpass the $1 billion mark, calling the year a “major comeback for...
techcrunch.com/2024/02/17/why-ransomware-mak…Thousands of organizations fell prey to ransomware attacks in 2024. In some cases, ransom demands soared so high that one Fortune 50 company was forced to pay $75 million to get back to operations. Perpetrators are not backing down in 2025.
www.spambrella.com/ransomware-should-you-pay …Ransomware: Five Reasons Why Victim Organizations Pay Up
Jul 9, 2021 · Ransomware often leaves businesses feeling vulnerable and emotionally drained, especially if confidential information has been breached. Management is confronted with the …
See results only from forbes.comThe Sobering Truth About R…
According to research from data resilience specialists Veeam, some 80% of the …
Why Paying Ransomware I…
Ransomware is now an established worldwide business — a report from …
The Most Asked Question: Should We Pay the …
Sometimes it is, but there are both moral and technical hazards to paying the ransom. The obvious moral hazard is that paying the ransom directly funds criminal enterprises, making their attacks much more effective against the next …
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Ransomware: The Pros and Cons of Paying Demands
Nov 9, 2023 · Paying a ransom demand only benefits criminals as it financially rewards attackers. It’s the sole reason why ransomware is so prevalent and profitable today. The more organizations pay demands, the more …
Why are ransomware gangs making so much money?
Feb 17, 2024 · According to new data from crypto forensics startup Chainalysis, known ransomware payments almost doubled in 2023 to surpass the $1 billion mark, calling the year a “major comeback for...
Ransomware: Should You Pay or Not in 2025?
Dec 16, 2024 · Thousands of organizations fell prey to ransomware attacks in 2024. In some cases, ransom demands soared so high that one Fortune 50 company was forced to pay $75 million to get back to operations. Perpetrators …
Ransomware: Why do businesses still pay up? | ITPro
Nov 14, 2022 · Indeed, despite the warnings, best practice, publicity campaigns and official advice, we know businesses infected with ransomware still frequently pay up. In just one survey of many, Databarracks found that in response to a …
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Ransomware Shifts Tactics as Payouts Drop: Critical …
5 days ago · Ransomware is noteworthy. Ontinue explains that ransom payments decreased: from $1.25 billion in 2023 to $813.5 million in 2024. But while the payments received by criminals went down, the number of reported breaches …
Ransomware Payments – Should Companies Pay Or …
Ransomware is a sustainable and lucrative business model for cybercriminals, and it puts every organization that uses technology at risk. In many cases, it is easier and cheaper to pay the ransom than to recover from backup.
Ransomware Payment: To Pay, or Not to Pay? That …
Mar 10, 2025 · Ransomware payments are demanded by hackers with every attack. But, should companies pay them to restore data? Here’s what to do about it.
How Economic Headwinds Affect Ransomware - darkreading.com
Mar 17, 2025 · "During the pandemic, as you saw inflation go up, you saw ransomware demands increase in that same form and fashion," Miller says. "[Threat actors can] take additional …
The Sobering Truth About Ransomware—For The …
May 30, 2023 · According to research from data resilience specialists Veeam, some 80% of the organizations surveyed decided to pay the demanded ransom in order to both end the ongoing cyber attack and recover...
Who pays, and why: A researcher examines the ransomware …
Jan 24, 2024 · What makes one ransomware victim more likely to pay up than another? That’s what one Dutch researcher set out to find, analyzing national police and incident response …
Why ransomware attacks are on the rise — and what can be …
Jul 8, 2021 · In the event of a ransomware attack, the FBI and many cybersecurity experts have been firm in urging victims not to pay up.
Building ransomware resilience to avoid paying out | ITPro
6 days ago · It might not be possible to avoid ransomware hitting your organization, so a good principle to follow is to “assume a breach,” says Jeff Watkins, chief technology officer at …
Ransomware: Why it’s sometimes OK to pay up - CIO Dive
Jul 1, 2019 · Ransomware attacks increased by 500% year-over-year from last summer, which can lead organizations to pay the ransom, according to Forrester. In March 2018, Atlanta …
Why Paying Ransomware Is Typically A Bad Idea And What You …
Jul 12, 2021 · Ransomware is now an established worldwide business — a report from Chainalysis showed that payments to ransomware attackers increased well over 300% …
Ransomware attacks: Why and when it makes sense to pay the …
Jun 27, 2019 · Simply put, it can make good sense to pay ransomware. In a recent research report, Forrester Research argued that paying ransomware should be viewed as a viable …
Ransomware attacks: is there a case for paying up? - Financial …
Nov 9, 2022 · Ransomware attacks — in which cyber criminals lock up a victim’s data or computer system and release it only if a ransom is paid — exploded in 2020 and 2021, in part because a …
Why ransomware victims can’t stop paying off hackers
Oct 31, 2023 · According to a survey of hundreds of security leaders published by Splunk, some 83% of organizations admitted to paying hackers following a ransomware attack, and more …
Ransomware: Why paying the crooks can actually cost you more …
May 12, 2020 · It's one of the key reasons why ransomware remains a successful tactic for crooks, because victims pay up – often sums of six-figures or more – and are therefore …
OT Ransomware in 2025: How to Strengthen Security
5 days ago · Ransomware Attacks Are Up, With the Manufacturing Sector Still Under Siege. A Q4 2024 report by ReliaQuest highlighted that ransomware activity experienced a surge in …
What makes ransomware victims less likely to pay up?
Jan 26, 2024 · There's a good reason why ransomware gangs started exfiltrating victims' data instead of just encrypting it: those organizations pay more.
Held for ransom: What should you know about ransomware attacks?
4 days ago · Today, ransomware still is very much a crime of opportunity. Joining me today to discuss ransomware attacks, how to mitigate their risks and how to respond if your business is …
Cracking Down on Ransomware: Strategies for Disrupting …
Nov 16, 2021 · Two awards, totaling up to $15 million, for information leading to the identification, arrest, and/or conviction of Sodinokibi/REvil ransomware leadership or conspirators.
Why ransomware is still so successful: Over a quarter of victims …
Nov 18, 2020 · Over a quarter of organisations that fall victim to ransomware attacks opt to pay the ransom as they feel as if they have no other option than to give into the demands of cyber …
Ransomware in 2020: what, why, and whether to pay?
Jun 16, 2020 · Employees must understand the motives behind a ransomware attack, what to do if they suspect one, how their behavior can impact success rates, and how to recover should the …
TechRepublic Exclusive: New Ransomware Attacks are Getting …
Mar 19, 2025 · Modern ransomware attacks are using AI in new ways, with attackers using freely available chatbots to write malware, craft phishing emails, and create deepfake videos to trick …
VanHelsing Ransomware: What You Need To Know | Tripwire
2 days ago · Newcomers to the ransomware scene will need to pay a US $5,000 deposit, but if you are an established cybercriminal you may be allowed to skip payment. ... running up-to …
The complete story of the 2024 ransomware attack on UnitedHealth
Feb 20, 2025 · Thus, the most extensive ransomware attack of 2024 was caused by the absence of two-factor authentication on a remote desktop access portal — precisely the place where it …
How to guard against a vicious Medusa ransomware attack
Mar 18, 2025 · Victims can pay $10,000 in cryptocurrency to add another day to the timer. The reported culprit behind Medusa is a group called Spearwing, according to a report published …
Winning the war on ransomware with multi-layer security
3 days ago · Ransomware gangs have a way of coming back in one form or another. Given their track record as the world’s most prolific ransomware gangs, it would be wise to assume that …
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