Blog | G5 Cyber Security

Don’t Pay Ransoms, UK Government and Privacy Watchdog Urge

UK Government and Privacy Watchdog urge lawyers not to advise clients to pay up to extortionists. Criminals are demanding digital coins in exchange for reverting maliciously encrypted data. Victims last year paid out more than $600 million to ransom gangs, according to Chainalysis reports. U.S. Cybersecurity and Infrastructure Security Agency offers guidance and resources for both before and after attacks. In some cases, paying a ransom to a sanctioned entity will get a slap on the wrist, but enforcement need not necessarily made public.”]

Source: https://www.databreachtoday.com/blogs/dont-pay-ransoms-uk-government-privacy-watchdog-urge-p-3247

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