Ransomware's Dirty Little Secret: Most Corporate Victims Pay

By John Reed Stark (February 6, 2019, 2:21 PM EST) -- Ransomware attacks have reached epidemic proportions, but nobody is talking about it. Why? Because corporate ransomware victims are discreetly paying the ransoms and are (lawfully) sweeping the incidents under the rug.

Tendering ransomware payments has evolved into yet another dirty little secret of corporate operations — just like U.S. corporate foreign bribes prior to the enactment of the Foreign Corrupt Practices Act or U.S. business dealings with terrorists prior to the enactment of the Patriot Act. Except this time, there may not exist a statutory remedy for the current ransomware payment scourge — and this time one cannot help but sympathize...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!