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Meyers, What is Skiptracing? who said he had never before experienced such an attack in more than 20 years as a technology consultant. “You never want to have to pay the ransom. It gives them a reason to do it again and again.” For some organizations, particularly government agencies, paying to decrypt locked-out computers is not even an option. In many countries, including Skip Tracer Professional across Europe and Asia, the payment of any form of ransom is forbidden by laws often written to counter terrorist attacks in the offline world. That means organizations like Britain’s National Health Service, among the worst affected in the recent ransomware attacks, are left with few options to retrieve data that can have life-or-death implications. In the United States, there is no nationwide policy outlawing such ransomware payments. But experts still warn against handing over money because it may lead to far more significant costs down the road. Exclusion and cooperation clauses in many cyberinsurance policies expressly prohibit businesses from paying such digital ransoms without pre-approval. If a victim hands over the money anyway, insurers may cancel a business’s coverage and leave clients paying out of pocket — including covering the cost of disruptions to their businesses, remediation expenses and customer notifications.
For the original version including any supplementary images or video, visit https://www.nytimes.com/2017/05/17/technology/bitcoin-ransomware-pay-lose-data.html
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