IT decision-makers often find themselves stuck between a rock and a hard place when it comes to dealing with ransomware attacks. Do they pay a large sum of money to cybercriminals in the hopes of regaining access to their systems and data at the risk of putting the business in a dangerous financial position? Or do they hope that their backups are good enough and that hackers won’t leak their information online? Some might be looking for a third option, which is where ransomware negotiation comes in.
It might seem logical to try to negotiate the ransom demand down to an amount that isn’t going to break the bank but would still be enough to satiate cybercriminals’ thirst for cash. Unfortunately, this isn’t a good idea, because negotiations can backfire and even cause ransomware gangs to ..
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