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Is it legal to pay a cyber ransom in NZ? The surprising answer


Is it legal to pay a cyber ransom in NZ? The surprising answer
14 May, 2021 08:15 PM
4 minutes to read
Today s hackers often want money to give you back your files (after they ve stolen them or encrypted them in a ransomware attack) or to cease a DDoS attack (a distributed denial-of-service attack where an army
of bots try to connect to your site at once, rendering it inaccessible to regular punters).
And their efforts are only escalating, because governments enable ransomware extortionists in three ways: failing to regulate cryptocurrencies like bitcoin, giving hackers an easy, anonymous method of being paid; authorities underfunded and uncoordinated efforts to catch offenders (we compare particularly poorly against Australia, as detailed within this feature); and maintaining the legality of paying up. ....

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