Formal ban on ransomware payments? Asking orgs nicely to not cough up ain't working
ID: bee575b0-e6f2-5872-b089-8c4d55785e7c
STIX ID: report--bee575b0-e6f2-5872-b089-8c4d55785e7c
Feed Name: The Register (Security)
Threat Score
Emsisoft reports that 2023 saw a record number of ransomware incidents in the US—affecting at least 2,207 organizations including hospitals, schools, universities, and government bodies—with average remediation costs around $1.5M; the firm calls for a complete ban on ransom payments while the article discusses policy, enforcement challenges, and related data-theft incidents such as the MOVEit/Clop breaches.
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