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Re:US city rejects $5.3M ransom demand and restores encrypte... by VectorLock on Friday September 06, 2019 @06:02AM (#20894370)
The city was ready to pay $400k. Or their insurance was, at least. Insurance was looking at it from the coldest perspective possible-- how much would it cost us to fix this otherwise?
Re:US city rejects $5.3M ransom demand and restores encrypte... by msmerberry on Friday September 06, 2019 @01:54PM (#20897961)
Yup that's what I came here to say. It might have been easier to take a higher insurance premium and let it pay the ransom than to do a restore exercise. Either way, bravo.
Re:US city rejects $5.3M ransom demand and restores encrypte... by VectorLock on Sunday September 08, 2019 @01:00PM (#20911702)
There is of course the terrible secondary effect of encouraging more ransomware but the insurance companies can simply sidestep this by saying "we don't cover that."