Ransoms: to pay or not to pay, that is the question.
According to the Hiscox cyber readiness report 2021, US companies who succumbed to the ransomware demands, paid an average of $17,959 in ransoms, over a 12-month period. The total amount paid by ransomware victims in 2020 was $350m. Garmin reportedly paid about $10m to Evil Corp ransomware hackers, in August 2020. One big negative of…