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  • Writer's pictureDragoon Security Group

60 Minutes on Ransomware

While I’m glad this issue is gaining national attention, this piece was very defeatist. Companies wouldn’t accept a thief walking in and taking tens of thousands of dollars from the register. Yet because a computer is involved, the expectation is to comply?

I do agree and have also referred to these attacks as the worst day of an executive’s personal life.

There are measures to prevent and protect against this crime. Atlanta’s $20MM bill has not just data recovery costs. It also involves modernizing their very large IT infrastructure, that had been neglected, to prevent future attacks.

Taking a proactive approach to digital attack will always be more cost efficient than a reactive one. Proactive allows for budgeting and planning as opposed to depleting cash reserves to overcome a major business disruption.

Paying merely emboldens these criminals to continue with these campaigns. Not determining root causes and remediating the vulnerability only leaves companies susceptible to ongoing attacks.

#ransomware #60minutes

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