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Litigation White Collar Crime

Ransomware: To Pay or Not to Pay Is Not the Question

It is not the ransom but the costs associated with the failure to prevent the attack and the consequent remediation that may prove to be a real company killer.

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Ransomware has come a long way since the 1989 “AIDS Trojan.” Distributed by diskette, it encrypted the file names and directories of its victims. Ransom demands have also come a long way. The AIDS Trojan attack demanded $189 for the decryption key. In 2019 ransomware demands topped $12M.

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