Depending on who compromised you, paying the ransom is the smart move.
As long as the hacker group has a somewhat established name and reputation, they have more to lose from keeping a copy afterwards than to gain. Trust is like half of the business model for these groups - throwing it all away for a one-time gain isn’t the smartest move.
And while you should obviously keep a backup, in the end it might be cheaper to just pay up, especially because of potential future lawsuits should customer data be leaked.
Also, you should absolutely make sure the hackers actually have stolen data instead of merely encrypting it all with a secret key. There’s no point in paying in that case.
technocrit@lemmy.dbzer0.com 3 months ago
They paid and they got their data back. I think $100k is a pretty decent price.
Sure, they should have backups and great security and whatnot. But clearly they don’t.
sugar_in_your_tea@sh.itjust.works 3 months ago
Sure, they’ll return the data, but why wouldn’t they keep a copy? It’s not like there’s any way to prove that it’s not copied. So they could get a $100k payday from the victim, plus whatever they can get on the black market.
Any data that’s ransomed should be assumed to be available to attackers. That means the first people they should contact are the police, because until they pay the ransom, the attackers probably won’t leak it (that would reduce the chance that you’d pay the ransom). There’s usually a time limit, but they could probably stall until the police get involved. If the police can catch them, there’s a chance they could protect their customers from having their private medical data from being sold.
I get it, breaches happen, but there’s no excuse for not having off-site backups. 1TB at Backblaze B2 costs $6/month, so assuming that’s enough (it probably is), $100k could pay for over 1000 years of backups… And it’s probably something they could pay a contractor once to set up and then largely forget about it until they need it. Or if you use AWS, just turn on backups there, it’ll probably cost a little more, but it’ll be way easier.
The process of should be:
Your data will probably get leaked on the dark web regardless, so just accept that at step 1.