Technology

WannaCry’s ransom deadline is here. Should you pay?

By  | 
ransomware-tweaked.jpg

The people behind the WannaCry ransomware want you to pay up.


WannaCry

If you’re one of the 4,000 victims a day who gets hit with ransomware, you’re now stuck with a dilemma.

While the key advice to dealing with ransomware is prevention — update your patches, back up your files, don’t open any suspicious emails — it really doesn’t mean much after you’ve already been locked out of your computer while hackers extort your own encrypted files from you.

So now the question is: Do you pay up?

The short answer is no, but if you want the long answer, keep reading.

The WannaCry virus has struck in more than 200 countries, seized more than 300,000 devices and set a deadline for this Friday — one week after it infected hospitals, universities and businesses. Payments for the ransom spiked on Monday, one day before the ransom doubled from $300 to $600.

There were more payments on that Monday than on Tuesday, Wednesday and Thursday combined, according to a tracker following bitcoins heading into the hackers’ wallets. As the deadline looms, more victims are refusing to pay the ransom.

The majority of government agencies and cybersecurity researchers agree that victims should not pay the ransomware, but left it up to people to evaluate their own situations: Would losing the files leave them in financial ruin? If WannaCry infected computers in a hospital, is it a life-or-death situation?

Here’s what each organization had to say about paying the ransom:

Federal Bureau of Investigation

“Please let us direct you to the FBI’s Internet Crime Complaint Center (IC3) at www.IC3.gov and the most recent PSA on ransomware.”

That’s the agency’s most recent policy, released on September 15, 2016. The FBI recommends that victims should not pay the ransom, because payment does not guarantee the victim will regain access to the locked-down data. Paying the ransom also encourages future attacks from hackers.

“While the FBI does not support paying a ransom, it recognizes executives, when faced with inoperability issues, will evaluate all options to protect their shareholders, employees and customers,” the agency said.

The FBI encourages victims to report the attacks as it tries to understand more about how ransomware attacks work and who’s behind them.

Department of Justice

The Department of Justice also does not encourage paying

Read Full Content at: Source CNet

Leave a Reply

Be the First to Comment!

Notify of
avatar
wpDiscuz