March 12, 2024

Should you pay a ransomware demand?

Whether or not you should pay a ransomware demand is one of the highest-stakes decisions your business might ever make.

Your source for grade A seller-refurbished networking equipment

In 2023, 72.7% of businesses worldwide reported being targeted by a ransomware attack at least once, up from 55.1% in 2018. The FBI advises against paying ransomware demands in any situation. However, cybersecurity experts' opinions are divided on whether to pay up when network operations and stolen data are at risk.

The question is To pay or not to pay ransomware demands?

You may also be interested in:

• Top 8 largest ransomware demands of 2023
• Failing to report a ransomware attack
• How to disclose and report a ransomware attack

News roundup Mon, March 11, 2024

Stories, news, politics and events impacting the network industry during the last week.

1. CISA warns about JetBrains TeamCity vulnerability under active exploitation
2. January breach allowed Russian hackers to access Microsoft source code
3. Apple issues emergency update to patch zero-day exploits
4. PetSmart resets customer passwords following credential stuffing campaign
5. Security professionals turn to cybercrime because of low salaries
6. U.S. sanctions spyware firm targeting government officials and journalists
7. Developers create new worm exploiting generative A.I. systems
8. ALPHV shuts down servers
9. U.S. critical infrastructure attacked by Phobos ransomware
10. India-based content farm impersonates major news outlets

Read more

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