To Pay Or Not To Pay: The Ransomware Dilemma
Security Boulevard, Wednesday, November 13th, 2024
In the majority of cases, the determination of whether or not to pay a ransom is a business decision, and this blog is intended solely to help decision-makers navigate that decision-making process in a structured manner based on our experiences, engagements, and discussions with senior decision-makers in the wake of a ransomware incident.
In ransomware communications engagements and in this blog, GuidePoint's Research and Intelligence Team (GRIT) does not actively direct or encourage the payment of ransoms to cybercriminals, which may incentivize or support continued ransomware operations. Instead, GRIT encourages a strong proactive defensive posture, a rapid reactive incident response, and general non-pecuniary communications to better understand the impacts or claims made by the threat actor.