Cyber money heist: Why companies paying off hackers fuels ransomware crimes, Channel News Asia

Steve Kerrison (Senior Lecturer Cybersecurity)
Type

CONTRIBUTION

Title

Cyber money heist: Why companies paying off hackers fuels ransomware crimes

Name of Media Outlet

Channel News Asia

Country

SG

Name of Media Type

ONLINE_ARTICLE

Date
2023
Url

https://www.channelnewsasia.com/singapore/cyber-money-heist-ransomware-lockbit-cybercriminals-ransom-icbc-cyberextortion-attack-3929676

Description

CNA spoke to cybersecurity analysts to find out why companies give in to hackers' demands and how paying off these cybercriminals is fuelling ransomware crimes.