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June 22, 2021

Would you pay if you got hit with ransomware?

  • Insurer Hiscox says just over 58% of its afflicted customers pay, while leading cyber insurance broker Marsh McLennan put the figure at roughly 60%.
    • By FRANK BAJAK
    AP Technology Writer

    BOSTON — If your business falls victim to ransomware and you want simple advice on whether to pay the criminals, don't expect much help from the U.S. government. The answer is apt to be: It depends.

    “It is the position of the U.S. government that we strongly discourage the payment of ransoms,” Eric Goldstein, a top cybersecurity official in the Department of Homeland Security, told a congressional hearing last week.


     
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