Analysis

Ransomware Wave Has Cos., Gov'ts Scratching Their Heads

Law360 (September 9, 2019, 10:24 PM EDT) -- Methodical groups of hackers have found a sweet spot of vulnerable companies and governments willing to pay rising sums to access frozen computer networks, in a ransomware attack surge unlikely to relent anytime soon.

Ransomware victims often cave to their attackers' payment demands despite the FBI's advice that doing so will embolden cybercriminals to launch more attacks and incentivize others to try their hand at cybercrime, industry attorneys said.

Increasingly market-savvy attackers are now pricing their demands at levels they believe their victims can afford to pay — and that are far less than what an organization would have to spend rebuilding...

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