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...
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