Video
The Dilemma of Ransomware Payments: To Pay or Not to Pay?
03 May 2024
The recent incident at the Simone Veil hospital in Cannes, France has once again brought to light the difficult decisions organizations face when targeted by ransomware attacks. In a bold move, the hospital refused to give in to the demands of the LockBit 3.0 ransomware gang, causing disruptions in their operations and leading to the exposure of stolen data. The aftermath of such attacks raises the crucial question – should victims pay the ransom or stand their ground?
Delving deeper into the complexities of ransomware payments and the role of cyber-insurance, our video sheds light on the motivations behind these decisions. Is paying the ransom a viable option, or does it perpetuate the vicious cycle of cybercrime? Watch the video to learn more.
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