To Pay or Not To Pay Ransomware, That Is the Question…
By Stel Valavanis, CEO onShore Security

I’m beginning to think we should ban ransom payments to criminals or at least disallow insurance to cover them. I know that sounds extreme, but hear me out. It’s very worth exploring at this time, as the scope of the problem is exponentially growing in the wake of COVID-19. According to a new report by Emisoft, ransomware demand costs could reach new highs this year exceeding $1.4B in the U.S. in 2020. [Read more…]