Re:Garmin obtains decryption key after ransomware attack
by meowface on Wednesday July 29, 2020 @08:57PM
(#23993240)
Right, which is why this is always done as part of a cost-benefit analysis. Sometimes the cost of not paying is far greater.
And yes, paying the ransom signals that hostage-taking can be profitable, but not paying it signals that you value crime prevention over the lives of your children, which isn't necessarily a reputation or circumstance you want, especially when they'll very likely end up brutally murdered.
A company that decided principle-based crime deterrence was more important than granting customers access to any of their funds for 6 months would probably go out of business quickly. Also, try using that argument when talking to people who live in areas largely run by organized crime.
And yes, paying the ransom signals that hostage-taking can be profitable, but not paying it signals that you value crime prevention over the lives of your children, which isn't necessarily a reputation or circumstance you want, especially when they'll very likely end up brutally murdered.
A company that decided principle-based crime deterrence was more important than granting customers access to any of their funds for 6 months would probably go out of business quickly. Also, try using that argument when talking to people who live in areas largely run by organized crime.