9:45am - 10:30am Ransomware & Extortionware. Do you Pay?
Thursday Nov 2 - Executive Track, Room 225 - Second Floor
Ransomware & Extortionware has dramatically increased within the past year. Estimates indicate that more than fifty percent of organizations have experienced a ransomware incident. The majority of ransomware attackers are asking for less than $1000 to restore or release an organization's information. Many organizations have elected to pay the ransom but is this the right approach? What may be the unintended consequences for taking this approach?