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Ransomware attacks are threatening companies. Should they pay up?


Ransomware attacks are threatening companies. Should they pay up?
CNN
2 hrs ago
© Shutterstock
A devastating ransomware attack on a critical fuel pipeline in the United States has highlighted the growing threat that cyber criminals pose to the world s largest corporations and strategic infrastructure.
It also raises a thorny question: should companies held to ransom yield to extortionists or resist making payments? Often it s a choice between regaining access to IT systems for a fee so that operations can be restored, or running the risk of continued disruption that could have huge repercussions for employees, shareholders, customers, the economy and even national security. ....

United States , United Kingdom , White House , District Of Columbia , Jim Watson , Peter Yapp , Thomas Sepp , Algirde Pipikaite , Anne Neuberger , Josephine Wolff , World Economic Forum Centre For Cybersecurity , American Airlines , Fletcher School At Tufts University , United Kingdom National Cyber Security Centre , National Security Council , Colonial Pipeline , East Coast , Getty Images Fuel , Fletcher School , Binary Defense , International Studies , Allianz Global Corporate , National Security , World Economic Forum , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் ,

Should companies pay when hit by ransomware attack? Debate rages


by CNN May 12, 2021 .
A devastating ransomware attack on a critical fuel pipeline in the United States has highlighted the growing threat that cyber criminals pose to the world’s largest corporations and strategic infrastructure.
It also raises a thorny question: should companies held to ransom yield to extortionists or resist making payments? Often it’s a choice between regaining access to IT systems for a fee so that operations can be restored, or running the risk of continued disruption that could have huge repercussions for employees, shareholders, customers, the economy and even national security.
In the case of Colonial Pipeline, which has yet to fully restore its operations, a lot is at stake. The pipeline delivers nearly half the diesel and gasoline consumed on the East Coast, and it provides jet fuel to major airports, many of which hold limited supplies on site. A growing number of gas stations are without fuel as anxious drivers rush to fill their tank ....

United States , United Kingdom , White House , District Of Columbia , Peter Yapp , Thomas Sepp , Algirde Pipikaite , Anne Neuberger , Josephine Wolff , World Economic Forum Centre For Cybersecurity , American Airlines , Fletcher School At Tufts University , United Kingdom National Cyber Security Centre , National Security Council , Colonial Pipeline , East Coast , Fletcher School , Binary Defense , International Studies , Allianz Global Corporate , National Security , World Economic Forum , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , வெள்ளை வீடு , மாவட்டம் ஆஃப் கொலம்பியா ,

The Colonial Pipeline attackers wanted money. Should companies pay?


The Colonial Pipeline attackers wanted money. Should companies pay?
CNN
2 hrs ago
© Shutterstock
A devastating ransomware attack on a critical fuel pipeline in the United States has highlighted the growing threat that cyber criminals pose to the world s largest corporations and strategic infrastructure.
It also raises a thorny question: should companies held to ransom yield to extortionists or resist making payments? Often it s a choice between regaining access to IT systems for a fee so that operations can be restored, or running the risk of continued disruption that could have huge repercussions for employees, shareholders, customers, the economy and even national security. ....

United States , United Kingdom , White House , District Of Columbia , Jim Watson , Peter Yapp , Thomas Sepp , Algirde Pipikaite , Anne Neuberger , Josephine Wolff , World Economic Forum Centre For Cybersecurity , American Airlines , Fletcher School At Tufts University , United Kingdom National Cyber Security Centre , National Security Council , Colonial Pipeline , East Coast , Getty Images Fuel , Fletcher School , Binary Defense , International Studies , Allianz Global Corporate , National Security , World Economic Forum , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் ,