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  1. Graham Cluley (gcluley@infosec.exchange)'s status on Tuesday, 27-Aug-2019 06:06:42 EDT Graham Cluley Graham Cluley

    Are insurance companies fuelling a rise in ransomware attacks?

    "I know it sucks having to pay off assholes, but that’s what you gotta do... You gotta kind of take charge and tell them, ‘This is the way it’s going to be or you’re dead in the water."

    https://www.propublica.org/article/the-extortion-economy-how-insurance-companies-are-fueling-a-rise-in-ransomware-attacks

    In conversation Tuesday, 27-Aug-2019 06:06:42 EDT from infosec.exchange permalink

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    1. The Extortion Economy: How Insurance Companies Are Fueling a Rise in Ransomware Attacks — ProPublica
      from ProPublica
      Even when public agencies and companies hit by ransomware could recover their files on their own, insurers prefer to pay the ransom. Why? The attacks are good for business.
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