Danny Palmer
| November 24, 2021
| Topic: Security
Inside a ransomware gang: Beware these aggressive tactics
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Organisations that fall victim to a ransomware attack shouldn’t let the cyber criminals know they have cyber insurance – because if the attackers know that their victim holds an insurance policy, they’re more likely to outright demand the ransom payment in full.
Cybersecurity researchers at Fox-IT, part of NCC Group, examined over 700 negotiations between ransomware attackers and ransomware victims in order to analyse the economics behind the digital extortion attacks that demand a ransom payment – often millions of dollar in Bitcoin – in exchange for the decryption key.
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