To Pay Ransomware, Or Not?

Learn how Halcyon stops ransomware: Halcyon.ai
What would you do if paying a ransom meant saving your company in the short-term - but inviting attackers back for more in the long run?
Our Chief Security and Trust Officer, Ben Carr, and Kevin O’Connor, Director of Threat Research & Incident Response at Adlumin, tackle one of the most challenging dilemmas in cybersecurity.
Should organizations pay ransomware demands?
The decision to pay or not to pay is a complex one.
Borderless attacks are challenging old frameworks: Multinational companies face uncertainty navigating legal and ethical questions when countries, like the UK, explore banning ransomware payments.
Multi-tiered extortion is growing: Even if a company pays - the attacker could come back for more, and those same companies face continued threats to their data, vendors, and supply chains, underscoring the importance of a proactive, layered defense.
Is non-payment the only way out? Kevin argues that only government-enforced non-payment policies will kill the business model of ransomware, stripping it of profitability.
Is it time for a policy shift - and a mindset shift?