Ransomware Victim Warning: The Streisand Effect May Apply

Ransomware Victim Warning: The Streisand Effect May Apply www.databreachtoday.com/ransomwar…

Paying off ransomware hackers to avoid notoriety is a losing proposition, finds a study of LockBit victims that identified a correlation between unwanted attention and succumbing to extortionists, as opposed to standing firm. “It seems that paying the ransom doesn’t at all appear to reduce public exposure - if anything, it increases it,” Max Smeets, co-director of Virtual Routes - formerly known as the European Cyber Conflict Research Initiative - said in a keynote presentation at the Black Hat Europe conference in London. Smeets holds research positions at ETH Zurich and Stanford University.

Edward Kiledjian @ekiledjian