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Abstract

You understand all of the things that should be done to protect against ransomware but somehow, Ethan in finance clicked on a link. The time to talk about what should be done has to wait, now the issue is how do we get the data back? Should companies pay? Is there a scenario where we do pay? Should the decision be made on a case-by-case basis? Learn from your peers about this important topic.Learning Objectives:1: Discuss the ramifications of not paying a ransom to recover your data.2: Explore if there are times when a ransom should be paid, e.g., loss of revenue generating data.3: Learn how to explain to your board why you should or should not pay.