To Pay or Not To Pay? A Quick Look at Cyber Extortion

Touch User Interface | Cyber Extortion

To Pay or Not To Pay? That's The Question!

You have become the victim of a ransomware attack. They have demanded a relatively large sum of money to provide access to your data and restore your systems.

What do you do? Pay or Not?

“The FBI does not support paying a ransom to the adversary. Paying a ransom does not guarantee an organization will regain access to their data; in fact, some individuals or organizations were never provided with decryption keys after having paid a ransom. Paying a ransom emboldens the adversary to target other organizations for profit and provides for a lucrative environment for other criminals to become involved.” 

They go on further to state, “While the FBI does not support paying a ransom, there is an understanding that when businesses are faced with an inability to function, executives will evaluate all options to protect their shareholders, employees, and customers.”

So the question remains, “To Pay or Not To Pay?”

But the real question is this: Is there something you can do now, before you get to the question above? And the answer is YES!

According to the FBI, you should focus on prevention, business continuity and remediation. They warn as “techniques continue to evolve and become more sophisticated,” there is no guarantee against exploitation, even with the most robust controls in place. In other words, even if you have all the best tools and services money can buy, you must take a proactive stance with a reactive plan.

PCS takes that exact stance as a Total Secure IT Services Provider (TSSP). We take a comprehensive approach to provide protection, detection, and recovery for your business. Allowing us to say with confidence, you will not pay the ransom if and when attacked.

It all starts with knowing your Cybersecurity Risk. With a comprehensive risk assessment from PCS, we work with you to provide a solution to mitigate that risk.

The old saying, an ounce of prevention is worth a pound of cure, is absolutely true. It is far better to know and understand your risk now, determine a solution to protect, detect, and recover, thereby mitigating your risk, than to wait until it happens.

If you would like to understand your cybersecurity risk, have a conversation without the fear of a high-pressure sales presentation, let’s talk. 

Have a question? Reach out today!  (256) 513-8206

PCS Provides Total Secure IT Services


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