Panel Discussion: To Pay or Not to Pay Ransom: The C-Suite Debate
.Ransomware attacks continue to plague organizations at an alarming pace; the debate among the C-suite on the issue of paying the ransom or refusing to pay and dealing with the consequences is getting critical. Some experts say that paying the ransom makes an organization vulnerable to reputational risk. This also means that the organization's risk calculations are no longer accurate. Another argument is that payment of extortion monies may encourage continued criminal activity.
The session will cover:
- What should be the C-suite's approach in case of a ransomware attack
- How to engage with the law enforcement before taking the decision
- Prepare now or pay later - CISO's take