• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Cyber Security Solutions, Compliance, and Consulting Services - IT Security

We offer It security management, data, network, & Information security services for protecting information & mitigating security risks to your organization.

  • Home
  • About Us
  • Solutions & Services
    • Security Governance
    • NETWORK SECURITY
    • CLOUD SECURITY
  • COMPLIANCE
  • SECTORS
  • Blog
  • CONTACT

Four questions to answer before paying a ransomware demand

Avatar

By Robert Roohparvar | At October 29, 2019

October 29, 2019

Four questions to answer before paying a ransomware demand

The cybersecurity expert believes that one should never pay the ransom that cybercriminal demands as it encourages them. Many of the infected firms have paid the ransom, and those who haven’t been paid wish they should have paid it.

Most of the impacted firms have paid the ransom because there was no other option of recovery except to fulfil their demand. The cybercriminals are getting better in causing damage through ransomware. They access different systems, investigate, and identify critical pain points to maximize the impact of their attacks. More people are paying the ransomware as these cyber-attacks makes it harder to recover or repair, and the attackers are getting better in it. According to a study, it was concluded that more than 40% of the ransom paid was just fraud, whereas they did not fully infect the system. Here are a few tips to determine whether you should pay a ransomware demand or not.

How bad is the damage?

Before paying a ransom demand, a firm should answer the following questions. Can they deal with future damage? Did the attackers have to get access to the backup? Do you need to change the passwords? Do you need a network scrub for malware and malicious network connections? Do you know the extent of the damage and the reach?

How good are your restore capabilities?

Despite having a secure backup, have you ever tested to restore all the critical assets? How long will it take to restore all the data from the backup? Are you sure that the attackers don’t have access to the backup? Are all the data in the backup online and reachable by the attacker?

Do you have a business continuity plan in place?

Will your business continuity plan (BCP) handle the ransomware event in case you don’t pay the ransom? If not, that means more downtime and more alternative data processes. How much downtime can your BCP handle or cover? If the estimated downtime exceeds the BCP’s ability to handle it, do you pay the ransom right from the start?

Do you have senior management support?

The support of senior management is essential whether you pay or not pay the ransom demand. Having the confidence of senior management is vital; they should know about the data backup and restoring process.

Filed Under: Cyber security threats, Cyber security tips

Primary Sidebar

Archives

  • [+]Cloud security (9)
  • [+]Compliance (16)
  • [+]Cyber security news (65)
  • [—]Cyber security threats (148)
    • 03 cyber threats expected to grow in 2020
    • 03 dangerous security assumptions to avoid
    • 04 top cloud security threats
    • 05 common social engineering tactics
    • 05 most common ways criminals scam you through social engineering
    • 05 signs that show you have been hacked
    • 05 ways malware can bypass endpoint protection
    • 06 ways to protect yourself against cybercrime
    • 07 benefits of cybersecurity awareness training
    • 09 Cybersecurity Threats to Watch Out For in 2019
    • 3 Huge Cyberattacks Show the True Extent of Cyber Crime
    • 3 Reasons Why Cybersecurity is More Important Than Ever
    • 3 ways to kick-start your organization's cybersecurity training
    • 3 ways to protect your business from ransomware attacks
    • 4 Cybersecurity trends in 2019
    • 4 Reasons why website security is important
    • 4 ways to build a strong security culture
    • 4 Ways to Effectively Protect Your Organization Against Data Breaches
    • 5 Cyber Security Tips Every Small Business Owner Needs to Know
    • 5 Cybersecurity Measures Every Small Business Should Take This Year
    • 5 hard truths every CISO should know
    • 5 Industries That Top the Hit List of Cyber Criminals in 2017
    • 5 Methods to Make Customer Experience Safer
    • 5 Misconceptions About Cyber-Security
    • 5 myths CEOs believe about cybersecurity
    • 5 Tips for Kickstarting Your Cyber Security Program
    • 5 ways to control cybersecurity burnout
    • 6 Ways To Protect Yourself From Identity Theft
    • All About Data Repository
    • All about ransomware
    • All about social engineering
    • Are all Bluetooth security device secure?
    • Attacker’s phish Office 365 users with fake voicemail messages
    • Can Smart Cities be Hacked?
    • Changing Trends in Cybersecurity Training
    • Common types of cyber scams and how to avoid them
    • Common types of cybersecurity threats
    • Common Types of Phishing Attacks
    • Credential Stuffing: The Newest Cybersecurity Threat
    • Cybercrime during COVID-19: 5 things every CISO needs to know
    • Cybercrime economy is worth $1.5 trillion in illegal profits: study
    • Cybercriminals are Capitalizing on Covid Vaccines to Launch Attacks
    • Cybercriminals: Threat or Menace?
    • Cybercrooks increasingly targeting smart home devices
    • Cybersecurity and how to protect a company
    • Cybersecurity challenges for small businesses
    • Cybersecurity in the Aviation Industry
    • Cybersecurity: Guiding Principles for Board of Directors
    • Developing Cybersecurity in Medical Devices
    • Developing Cybersecurity in Medical Devices
    • Did COVID-19 Pandemic Increase Cybersecurity Threats?
    • Elements of cybersecurity
    • Emerging cybersecurity threats to businesses
    • Everything You Need to Know About Brute Force Attacks
    • Five social engineering tricks and tactics employees still fall for
    • Four biggest healthcare security threats for 2020
    • Four questions to answer before paying a ransomware demand
    • Four significant changes coming to cybersecurity in 2020 and beyond
    • Hackers are outpacing defenses, a new report finds
    • Hackers are using famous file sharing services to hack email accounts
    • History of Cybersecurity and Hacking
    • Hospitals are becoming smarter than ever. But so are cybercriminals
    • How Can a Cyber Security Service Help Secure Your Organization
    • How Cybersecurity Makes Journalism Safer
    • How do I protect myself from ransomware?
    • How does spyware work?
    • How much does it cost to launch a cyberattack?
    • How New Technologies Affect Cyber Security
    • How Safe are Smart Homes?
    • How Security Updates Can Save You From Targeted Cyber Attacks
    • How to Alleviate Third Party Cyber Security Risks
    • How to detect and prevent crypto mining malware
    • How to Find the Best Cyber Security Consulting Company
    • How To Identify Hoax Emails
    • How to Implement a Robust Vendor Risk Management Framework
    • How to Make an Incident Response Plan
    • How to prevent, detect and defend against Credential stuffing
    • How to secure server-less apps
    • How To Secure Your Systems With Anti-Malware and Host Intrusion Prevention
    • Importance of Cybersecurity In Wake of the Rising Challenges
    • Important building blocks of a robust cybersecurity and common cyber threats
    • Important Steps Board of Directors Should Take to Reduce Cybersecurity Risks
    • Information Security Governance Best Practices
    • IoT – The New Soft Spot for Attackers
    • Is Quantum Internet Impervious to Cyber Breaches?
    • Is Your Small Business Safe From Cyber Attacks?
    • LinkedIn Scams: Still the Most Popular Form of Phishing
    • Malware - The Lingering Cybersecurity Threat
    • Malware and ways of detecting them
    • Newsletter: Law Firms and Cyber Ransom
    • North Korea has been targeting threat researchers
    • One in three organizations suffered data breaches due to mobile devices
    • Penetration Testing and Its Advantages
    • Petya ransomware and NotPetya malware
    • Predictions for the Cybersecurity Landscape of 2018
    • Predictions of Future Cybersecurity Trends in 2020 and Onwards
    • Protect backup from ransomware attacks and recover safely
    • Reasons Why Cloud Security is Critical to Your Organization
    • Reasons Why Law Firms Need Foolproof Cyber Security
    • Retail Industry Faces a Challenging Cyber Threat Landscape
    • School Re-Openings Disturbed by Ransomware Attacks
    • Security Best Practices for Collaboration Platforms
    • Smishing and vishing: How these cyber attacks work and how to prevent them
    • Steps for building an effective incident response plan
    • Steps to securely shutting down business units
    • System Hardening and Cyber Security
    • The 4 biggest ransomware attacks of the last five years
    • The 5 Most Dangerous Types of Malware to Be Cautious of in 2020
    • The 5 types of cyber-attack you're likely to face in 2020
    • The 6 Biggest Cyberattacks of 2020
    • The 8 Best Cybersecurity Strategies for Small Businesses in 2021
    • The common types of cyber attacks
    • The Importance of Cyber Resilience in Cyber Security
    • The Increasing Risk of Ransomware Attacks
    • The Post-COVID Situation for Small Business Cybersecurity
    • The Risk of Insider Threat to Financial Services Organizations
    • The shortcomings of centralized server architecture
    • The three pillars of cybersecurity
    • The Top Cyber Security Threats Law Firms Will Face in 2019
    • Three signs you're socially engineered
    • Three ways to protect your supply chain from Cyber-Attack
    • Tips to optimize your VPN security
    • To Outsource or Not to Outsource Cyber Security
    • Top 3 Criminal Methods of Using Artificial Intelligence for Cyber Attacks
    • Top 3 Methods Cyber Criminals Are Using Artificial Intelligence
    • Top Cybersecurity Myths Busted
    • Two in three businesses faced insider attacks in 2020
    • Vishing, its Techniques and How to Prevent it
    • What Is a Backdoor Attack?
    • What is Botnet and how to prevent Botnet attack
    • What is Malware and Types of Malware?
    • What is Ransomware and How to Prevent It
    • What is scam and types of scam?
    • What is SIEM software? How it works and how to choose the right tool?
    • What is Smishing and How to Avoid it
    • What is spyware and its types?
    • What is the incident response? 05 steps for building a robust IR plan
    • What is Typosquatting and How to Stay Safe
    • What is WireGuard? Secure, simple VPN still in development
    • Which Industries at Higher Risk of Cyber Attacks in 2021
    • Who is a target for ransomware attacks?
    • Why 2021 Could Witness an Outbreak of Ransomware Attacks
    • Why Cybersecurity Has to Be a CEO Level Matter
    • Why Cybersecurity is the Answer for the Sharing Economy?
    • Why Is Cyber-Security So Important to the Healthcare Industry
    • Why You Should be Concerned About How Phishing Attacks are Evolving
    • World’s largest data breaches
    • Worms – The New Cyber Security Threat
  • [—]Cyber security tips (153)
    • 03 dangerous security assumptions to avoid
    • 03 keys to protect your supply chain from cyberattacks
    • 03 security concerns for low-code and no-code development
    • 03 signs the CISO-board relationship is broken and ways to fix it
    • 04 common pen testing mistakes and how to avoid them
    • 04 reasons users hate cybersecurity awareness training, and how to make them love it
    • 04 ways to improve your security posture in 2020
    • 04 Wi-Fi vulnerabilities beyond weak passwords
    • 05 Simple Tips to Increase Your Small Business Security Using Inexpensive Cybersecurity Measures
    • 05 ways malware can bypass endpoint protection
    • 05 ways to fend off spyware, malware, and ransomware
    • 06 ways to protect yourself against cybercrime
    • 07 benefits of cybersecurity awareness training
    • 09 Cybersecurity Threats to Watch Out For in 2019
    • 3 email security protocols that help prevent address spoofing
    • 3 Huge Cyberattacks Show the True Extent of Cyber Crime
    • 3 Reasons Why Cybersecurity is More Important Than Ever
    • 3 ways to kick-start your organization's cybersecurity training
    • 3 ways to protect your business from ransomware attacks
    • 4 Reasons why website security is important
    • 4 ways to build a strong security culture
    • 4 Ways to Effectively Protect Your Organization Against Data Breaches
    • 5 Cyber Security Tips Every Small Business Owner Needs to Know
    • 5 Cybersecurity Measures Every Small Business Should Take This Year
    • 5 essential security tools for every organization
    • 5 hard truths every CISO should know
    • 5 Industries That Top the Hit List of Cyber Criminals in 2017
    • 5 Methods to Make Customer Experience Safer
    • 5 Misconceptions About Cyber-Security
    • 5 myths CEOs believe about cybersecurity
    • 5 Practical tips to prevent ransomware attacks on a backup storage
    • 5 steps to avoid credential dumping attacks
    • 5 Tips for Kickstarting Your Cyber Security Program
    • 5 ways to control cybersecurity burnout
    • 6 Ways To Protect Yourself From Identity Theft
    • Are all Bluetooth security device secure?
    • Basic cybersecurity tips for a workplace
    • Can Smart Cities be Hacked?
    • Change Control Management and Information and Event Monitoring in Cyber Security
    • Common types of cyber scams and how to avoid them
    • Common Types of Phishing Attacks
    • Credential Stuffing: The Newest Cybersecurity Threat
    • Cyber Security Tips That Can Help Safeguard Your Digital Presence
    • Cybercrime during COVID-19: 5 things every CISO needs to know
    • Cybercrooks increasingly targeting smart home devices
    • Cybersecurity Best Practices for Law Firms
    • Cybersecurity tips for business travelers
    • Cybersecurity tips for government
    • Cybersecurity tips for law firms
    • Cybersecurity: Guiding Principles for Board of Directors
    • Data breaches and types of data breaches
    • Developing Cybersecurity in Medical Devices
    • Developing Cybersecurity in Medical Devices
    • Elements of cybersecurity
    • Emerging cybersecurity threats to businesses
    • Ethical Hacking as Explained by White Hat Hackers
    • Four essential steps to improve your cybersecurity posture
    • Four questions to answer before paying a ransomware demand
    • Four significant changes coming to cybersecurity in 2020 and beyond
    • Four tips to make cybersecurity training more effective through gamification
    • Full Disk Encryption
    • Hackers are using famous file sharing services to hack email accounts
    • History of Cybersecurity and Hacking
    • How AI can help you stay ahead of cybersecurity threats
    • How Can a Cyber Security Service Help Secure Your Organization
    • How Cybersecurity Makes Journalism Safer
    • How do I protect myself from ransomware?
    • How does spyware work?
    • How New Technologies Affect Cyber Security
    • How Safe are Smart Homes?
    • How Security Updates Can Save You From Targeted Cyber Attacks
    • How to Alleviate Third Party Cyber Security Risks
    • How to backup and restore data to avoid ransomware attack
    • How to defend against the latest Wi-Fi security threats
    • How to detect and prevent crypto mining malware
    • How to Enhance Data Security With Encryption, Discovery, and Classification
    • How to Ensure Mobile Device Security in Your Organization
    • How to Find the Best Cyber Security Consulting Company
    • How To Identify Hoax Emails
    • How to Implement a Robust Vendor Risk Management Framework
    • How to Make an Incident Response Plan
    • How to prevent, detect and defend against Credential stuffing
    • How to protect your business from holiday attacks
    • How to secure server-less apps
    • How to secure your router and home network
    • How To Secure Your Systems With Anti-Malware and Host Intrusion Prevention
    • How To Use DLP and FIP for Enhanced Data Protection
    • Identity and Access Management and Its Importance for Organizations
    • Importance of Cybersecurity In Wake of the Rising Challenges
    • Important Cyber Security Tips for 2018
    • Important Steps Board of Directors Should Take to Reduce Cybersecurity Risks
    • Information Security Governance Best Practices
    • Is Quantum Internet Impervious to Cyber Breaches?
    • Malware - The Lingering Cybersecurity Threat
    • Malware and ways of detecting them
    • Measures taken by WhatsApp to avoid spam
    • Newsletter: Law Firms and Cyber Ransom
    • Penetration Testing and Its Advantages
    • Ransomware Against Businesses is on the Rise Amid COVID-19
    • Reasons Why Cloud Security is Critical to Your Organization
    • Reasons Why Cyber Security Assessments Are Important for Organizations
    • Reasons Why Data Safety Should be at the Core of Cloud Security
    • Reasons Why Law Firms Need Foolproof Cyber Security
    • Reliable Ways to Enhance Your System Security
    • Retail Industry Faces a Challenging Cyber Threat Landscape
    • Say Goodbye to Social Media Spam
    • School Re-Openings Disturbed by Ransomware Attacks
    • Security Best Practices for Collaboration Platforms
    • SOC 2 or SOC for Cybersecurity? Which Report Do You Need?
    • Social engineering prevention
    • Steps required for building a cybersecurity strategy
    • Steps to securely shutting down business units
    • System Hardening and Cyber Security
    • The 5 Most Dangerous Types of Malware to Be Cautious of in 2020
    • The 8 Best Cybersecurity Strategies for Small Businesses in 2021
    • The common types of cyber attacks
    • The four CIS controls you should implement first
    • The Importance of Cyber Resilience in Cyber Security
    • The Increasing Risk of Ransomware Attacks
    • The Post-COVID Situation for Small Business Cybersecurity
    • The Risk of Insider Threat to Financial Services Organizations
    • The shortcomings of centralized server architecture
    • The three pillars of cybersecurity
    • Things to Look for to Choose the Best Cybersecurity Service for Your Business
    • Three signs you're socially engineered
    • Three ways to protect your supply chain from Cyber-Attack
    • Tips to optimize your VPN security
    • Tips to Secure Your Serverless Applications
    • To Outsource or Not to Outsource Cyber Security
    • Top Cybersecurity Myths Busted
    • Two-factor authentication explained
    • Vishing, its Techniques and How to Prevent it
    • What Is a Data Breach?
    • What is Botnet and how to prevent Botnet attack
    • What is Magecart? How it works and how to prevent it?
    • What is Malware and Types of Malware?
    • What is opsec? A process for protecting critical information
    • What is scam and types of scam?
    • What is Smishing and How to Avoid it
    • What is the incident response? 05 steps for building a robust IR plan
    • What is Typosquatting and How to Stay Safe
    • Which Industries at Higher Risk of Cyber Attacks in 2021
    • Why 2021 Could Witness an Outbreak of Ransomware Attacks
    • Why Cybersecurity Has to Be a CEO Level Matter
    • Why Cybersecurity is the Answer for the Sharing Economy?
    • Why every business should require two-factor authentication
    • Why Is Cyber-Security So Important to the Healthcare Industry
    • Why is Information Security Important For the Healthcare Sector
    • Why you need both authorization and authentication
    • Why You Should be Concerned About How Phishing Attacks are Evolving
    • Why you should never, ever connect to public Wi-Fi
    • Will 5G improve mobile security?
    • Worms – The New Cyber Security Threat
  • [+]E-Commerce cyber security (3)
  • [+]Enterprise cyber security (3)
  • [+]Financial organizations cyber security (2)
  • [+]General (30)
  • [+]Government cyber security (2)
  • [+]Healthcare cyber security (2)
  • [+]Law Firms Cyber Security (1)
  • [+]Network security (3)
  • [+]Newsletter (1)
  • [+]Ransomware (4)
  • [+]Risk assessment and management (3)
  • [+]Security management and governance (7)
  • [+]System security (3)
  • [+]Uncategorized (15)
  • [+]Vendor security (4)

Footer

Infoguard Cyber Security

San Jose Office
333 W. Santa Clara Street
Suite 920
San Jose, CA 95113
Ph: (833) 899-8686

Irvine Office
19800 MacArthur Blvd.
Suite 300
Irvine, CA 92612

Recent Posts

  • Hackers are outpacing defenses, a new report finds
  • How Safe are Smart Homes?
  • How to Implement a Robust Vendor Risk Management Framework

Get Social

  • LinkedIn
  • Home
  • About Us
  • Solutions & Services
  • COMPLIANCE
  • SECTORS
  • Blog
  • CONTACT

Copyright © 2021