That's why there's some logic in paying the ransom

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May 19, 2021
11:39:40am

whoneedscorners? All-American

That's why there's some logic in paying the ransom

A better idea is for companies to stop skimping on security.

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whoneedscorners?

Bio page: whoneedscorners?
Joined: Oct 2, 2005
Last login: Jun 1, 2024
Total posts: 30,075 (1,509 FO)

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Messages

Author

Time

POLL: Do you think paying 4.4 million ransom to end the pipeline cyberattack was the right business move?

OU Cougar

5/19/21 11:27am

your answer may vary if your gas stations were completely out.

Cougarclaw

5/19/21 11:27am

What is the opportunity cost of playing hardball?

Tokolosh

5/19/21 11:29am

I don’t know enough about the business and how long it would have

cougarfann888

5/19/21 11:29am

Hopefully they were insured

BigTex

5/19/21 11:29am

They for sure had cyber insurance. It's a NIST requirement.

grosven

5/19/21 11:31am

So now the insurance company has $4.4 million in motivation to hunt them down

ryebrye

5/19/21 11:32am

Is Dog the Bounty Hunter still alive?

crack

5/19/21 11:34am

Only if it isn't the last move.

Eddie

5/19/21 11:31am

I don't know the details, but no. That's generally the wrong thing to do.

Belboz

5/19/21 11:34am

That's why there's some logic in paying the ransom

whoneedscorners?

5/19/21 11:39am

AND, this sort of thing isn't so new that companies should be so open to it

Belboz

5/19/21 11:41am

I read an article that said they have spent 200 million on it security over the

cougarfann888

5/19/21 11:43am

The problem is that most organizations think that compliance = security

whoneedscorners?

5/19/21 11:47am

compliance = checking checkboxes with auditors who know nearly nothing.

Belboz

5/19/21 11:47am

Right, but if you look at the spend of a lot of organizations

whoneedscorners?

5/19/21 12:02pm

Over the years, I've seen auditors hyper-focus on their personal pet annoyances

Belboz

5/19/21 12:18pm

it might have been for protection against intrusion

Belboz

5/19/21 11:47am

I also don't like it when people pay ransoms but I understand why some pay

fredy

5/19/21 11:51am

Do you mind telling how you got the ransomware in your company?

fredy

5/19/21 2:03pm

IFA just got attacked and they wouldn't pay. They had to just redo their entire system.

SpotOnOpinionsGuy

5/19/21 11:42am

Short term yes. Long term no. Will our intelligence agencies now re-focus?

jrifkin48

5/19/21 11:53am

Right for them, bad for the next few victims.

zonacougar

5/19/21 11:54am

Did their cyber insurer pay it or did they?

Jay Kay

5/19/21 11:57am

Obviously it must be near impossible to track where the ransom originates but it seems like

lightmann

5/19/21 11:58am

The government is well aware who most are

whoneedscorners?

5/19/21 12:01pm

You mean there's nothing they WANT to do about it.

Elwood Blues

5/19/21 12:08pm

Can anyone say -

lightmann

5/19/21 5:09pm

The FBI and cybersecurity experts have gone back and forth on 'pay or don't pay'

macdizzle

5/19/21 12:01pm

Maybe they'll secure their system better in the near future.

Shore10

5/19/21 12:04pm

Like not use passwords such as "Runner4567" or "Administrator1"

jrifkin48

5/19/21 2:45pm

They have now messed with something consider part of National security. They

Nat Gas Man

5/19/21 12:37pm

We'll see.

lightmann

5/19/21 5:10pm

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