Commentary: After a breach affecting thousands of institutions, Canvas's decision to reach an agreement with attackers highlights how ransom negotiations risk turning cybercrime into a predictable business model.
When someone gets kidnapped there’s no CEO that can go to jail for a privacy breach. Data breaches typically stay out of the news, if it becomes public the victim company can face legal action. It can literally be cheaper to quietly pay the hackers.
When someone gets kidnapped there’s no CEO that can go to jail for a privacy breach. Data breaches typically stay out of the news, if it becomes public the victim company can face legal action. It can literally be cheaper to quietly pay the hackers.