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Should we pay out on ransomware?

24 Sep 2024
Global Cyber Summit
Global Cyber Summit

Ransomware remains the most devastating cyber attack UK businesses face and is considered a strategic threat by the NCSC. Organisations often face the dilemma of whether to pay, with consequences either way. What guidance is available to organisations?

  • Paying ransom is as much a practical issue as a moral one.
  • The consequences of paying or not paying.
  • Setting out a strategy before the event.
John Madelin, Managing Partner Digital Security - Cambridge Management Consulting
Lucy Fraser, Policy Adviser, General Insurance - ABI