Now another additional interesting twist to the debate of to pay or not to pay.
I've never had to deal with a Ransomware attack. I've never pursued Cyber insurance for myself or anyone I consult to. All I have gone by to formulate my opinion on the pay or not pay debate is what seems logical to me.
I had an IT business in the District/Maryland/Virginia (DMV) area for many years. There were days that I did more then one lap around the dreaded beltway taking care of customers. I had a large customer base and they were important to me. Many have become lifelong friends. If their IT was down they didn't make money. That snowballs very quickly if you are a small business owner, which many of my customers were. Would these companies be Ransomware targets? Doubt it. But the principal still applies and that is what I use for large organisations that are hit by it. They are also loosing money and it snowballs rapidly.
