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Even better, they will take the cost of their Insurance Deductible, and then do those calculations. Most businesses have insurance for this stuff.
by briffle 5y ago
Even better, they will take the cost of their Insurance Deductible, and then do those calculations. Most businesses have insurance for this stuff.
- g_p 5y agoInterestingly, it looks like (some) insurers may be responding to this. > In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals. https://www.insurancejournal.com/news/international/2021/05/09/613255.htm https://www.insurancejournal.com/news/international/2021/05/...
- aerostable_slug 5y agoAnd DarkSide has stated they target businesses with that insurance. It's smart. They were hosed the moment Colonial's infosec (or whomever) recommended closing the valves on the pipelines. Until that moment they'd been doing reasonably well (for criminal scum).
- deleted 5y ago[deleted]