Pulse of Truth

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Cyber Security news and links to cyber security stories that could make you go hmmm. The content is exactly as it is consumed through RSS feeds and wont be edited (except for the occasional encoding errors).

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Companies negotiate their way to lower ransom payments (www.helpnetsecurity.com)

submitted 2 days ago by lemmydev2@infosec.pub to c/pulse_of_truth@infosec.pub

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Nearly 50% of companies paid the ransom to recover their data, the second-highest rate in six years, according to Sophos. How actual payments stack up with the initial demand Ransom payments and recovery costs are on the decline Despite the high percentage of companies that paid the ransom, 53% paid less than the original demand. In 71% of cases where the companies paid less, they did so through negotiation, either through their own negotiations or … More → The post Companies negotiate their way to lower ransom payments appeared first on Help Net Security.

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