From the Fall 2021 Issue

Pros and Cons of Paying Ransomware

Dr. Jason Edwards
Cybersecurity Strategy Principal | USAA

Griffin Weaver
Senior Legal Counsel | Dell Technologies

Introduction
Ransomware is one of the most prolific cybersecurity threats that businesses face. A combination of a virus and a worm, combined with numerous social engineering techniques, have made it a billion-dollar industry for criminals across the planet.  Ransomware is a common and fast-growing industry made even worse through modern franchising by more extensive and more successful groups.  The combination of easy and widespread systems to deliver malware and anonymous payment channels provided by digital currency has made ransomware relatively low risk for criminals.

Modern criminal organizations have developed franchising models providing the tools and experience for others . . .

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