Ransomware Options
If your business is infected with Ransomware, what are your options?
Once infected, you have limited options:
How long would it take you to restore systems to pre-infection state? Would the downtime be costlier or more disastrous than paying the ransom? Is your industry regulated such that paying the ransom is not an option?
Pragmatists know “Never Pay” is only an option when YOU have the Leverage
Meet The Firm That Pays Bitcoin Ransoms On Behalf Of Its Customers
—Bill Siegel, CEO at Coveware
Paying the ransom certainly isn’t ideal — and the advice is still the same. But for firms that unfortunately have been hit, Siegel underlines the importance of not becoming a repeat victim. After an incident, Siegel’s firm puts its customers in touch with IT providers able to improve their security posture. And he advises companies to avoid being hit in the first place by making “consistent investments” in IT security, as well as employee awareness training and disaster recovery tools.
Source: Katie O’Flaherty