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Ransomware: Over Half of CISOs Would Consider Paying Ransom to Hackers - Infosecurity Magazine (www.infosecurity-magazine.com)
submitted 5 months ago by to c/cybersecurity@sh.itjust.works
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[–] 2 points 5 months ago (2 children)

There is insurance for ransomware. Most companies I know, has bought it (surprisingly popular). I'm not surprised that the companies would be willing to pay

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  • [–] 1 point 5 months ago (1 child)

    Do the insurance companies employ negotiators?

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  • [–] 2 points 5 months ago

    They hand it off to other companies that specialize in auditing and overseeing the hack resolvement. If their partner company decide, that it's worth paying. Then they pay.

    If the partner company decides to try and negotiate, they can I guess... Hard to say, never saw how insurance plays out when a true hack occurs.

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