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It is virtue signaling, especially considering the fact that doing the hard to swallow thing of paying the ransom would probably be the best outcome from a cust
by walletdrainer 11mo ago
It is virtue signaling, especially considering the fact that doing the hard to swallow thing of paying the ransom would probably be the best outcome from a customer perspective.
Yes there are negative externalities in funding ransomware operations, not paying is still much more likely to hurt your customers than paying.
- saberience 11mo agoPaying ransomware fines is never the smart move to do unless you happen to trust what cyber criminals tell you. You send them the payment, they tell you they deleted the data, but they also sell the data to 10 other customers over the dark-web. Why would you ever trust people who are inherently trustworthy and who are trying to screw you? While also encouraging further ransomware crimes in the future.
- walletdrainer 11mo agoIt’s a sliding scale. If you don’t pay, the odds they will publish your data are closer to 100%. If you do pay, the odds have historically been much closer to 0% than 100% You aren’t paying to be sure, but to improve your chances.
- whimsicalism 11mo agoDoing the positive externality thing at expense of your bottom line is to be praised. It is not ‘virtue signaling’ - it is actually doing a virtuous thing.
- walletdrainer 11mo agoVery small positive externality at the expense of their customers. Probably doesn’t even come close to balancing out. Besides, if they were genuinely interested in positive externalities they would be spending the money lobbying for a ransomware payments ban and not donating to universities.