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Cybersecurity

Cybersecurity

Before paying a ransom, hacked companies should consider their ethics and values

Organizations can calculate the cost of various incidents and determine, in principle, their willingness to pay for each possible ransom scenario. However, there is also a moral, or ethical dimension to this decision. Payments to criminals might not be consistent with the organization’s core values, culture or code of ethics. Even if they are, this might not sit well with the company’s employees, clients and other stakeholders.

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