Should Companies Pay Up to Deal With a Ransomware Attack?
The COVID-19 pandemic inevitably brought unprecedented levels of disruption to businesses all around the world. Lockdowns and quarantines have forced companies to transfer their operations from on-premises activities to remote work. While this has ensured that businesses continued to keep running, many companies were not equipped for this sudden change.
Most IT infrastructure was not fully capable of dealing with this sudden change in data access and it has resulted in vulnerabilities becoming exposed to outside actors. Many enterprises had been unable to implement ransomware protection and other cybersecurity policies in a timely manner.