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Paying the ransom -Three ways to lose both your data and your money

Most industry experts, authorities and security vendors advise against paying the ransom when infected with ransomware, and there are several reasons for doing so. First, paying ransom encourages the ransomware phenomenon, and more and more cyber-criminals will attempt to profit in this way. It verifies the fact that money can be made out of this, easily. Then, money obtained from such activities usually finance far more dangerous underground markets and organizations, linked with drugs and weapons trafficking and terrorism.
The above reasons, however, may be considered weak, for a ransomware victim in acute need to access the lost data. It is a difficult decision to make: get your data back in exchange for payment, or do not get your data back, but align with the ethics. This is why many pay the ransom in spite of the general advice.

However, there is a better reason not to pay the ransom. Although cyber attackers claim that paying the ransom allows data recovery, it is not always the case.

There are many situations when victims have not recovered the data after having paid the ransom demanded by the attackers. Read more about them in our ransomware protection article.

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This post was last modified on August 21, 2023 7:27 am

Calin Ghibu

Technical background: over 15 years experience in testing, developing, researching and managing network security solutions. Currently focusing on information security and IT management. Specialties: Network audit, information security, web security, endpoint security, perimeter security SIEM, legal compliance, competitive intelligence.

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Calin Ghibu
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