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The Case For and Against Criminalizing Ransomware Payments

Posted on April 23, 2021 by Dissent

Stuart Reed, UK Director, Orange Cyberdefense, writes:

… Let’s first look at the reasons why ransomware payments should be made illegal. First, the obvious. Ransomware payments essentially fund cybercrime, and this is why ransomware attacks are becoming more common. There is no doubt that paying out leads to more attacks.

[…]

On the other hand, criminalizing the victim seems highly counter intuitive. We’re talking about a very harsh response to a prolific problem, which would undoubtedly result in business casualties in the short term.

Read more on InfoSecurity Magazine.

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