Ransomware attacks have become an increasingly common threat for
businesses of all sizes, and it is essential for your business to
have a plan in place for how to respond if your organization is
ever targeted. During the ransomware attack, among the most
critical decisions that your business will have to make is whether
or not to pay the ransom that the attackers are demanding.
The choice is a difficult one. Although paying the ransom may
seem like the easiest way to get your data back and resume normal
business operations, the answer is unfortunately not so simple.
There are many practical and legal factors you need to
consider.
Considerations
First, it is not guaranteed the malicious actor
will honour the arrangement. In regular business disputes, when a
contracting party breaches a contract, you generally have three
options: (1) negotiate; (2) sue the other side in court; or (3) buy
a nice wine and forget about the experience. However, in the
ransomware
