Post by account_disabled on Jan 13, 2024 0:24:41 GMT -7
Florida Alexandra Kaczperczyk Petra Moser Ivan Peng Monica Schnitzer Strongly Agree Agree Neither Agree nor Disagree Disagree Strongly Disagree Disagree The results: Nearly three-quarters of respondents disagreed or strongly disagreed that the company should pay. But most people quickly notice that this is no simple question. As noted, data hacking poses a collective action problem. Every victim would rather pay and have their data recovered. But each ransom feeds the hackers and makes everyone's problems worse. Richard Holden ( ) and Monica Schnitzer ( ) both raise the coordination problem: How can companies reliably commit to and coordinate with each other not to pay, thereby inhibiting hacking? Schnitzer points to one promising solution: Determine the amount of the penalty.
Based on the amount of ransom demanded and collected, and ensure that the hacker is caught. Failure to agree to pay the ransom could encourage future attacks. Moreover, once the data is leaked, there is no guarantee that the data will not be misused. Instead, companies should develop Email Lists Database protocols to respond to incidents (for example, by taking steps to mitigate any harmful uses of data). It is important that companies be proactive and take effective measures to prevent data hacks in the first place. By Carolyn Framer By Carolyn Framer Boston University.
Not surprisingly, many who disagree with paying point to the need to deter criminals from launching more attacks. Others who disagreed also noted that companies should focus more on preventing attacks and invest in strengthening security measures. The most obvious point of disagreement is that businesses today need to proactively invest in ensuring their data is not hijacked. The vulnerability of businesses has been evident since at least Sony. And, I think it's the responsibility of big companies to overcome.
Based on the amount of ransom demanded and collected, and ensure that the hacker is caught. Failure to agree to pay the ransom could encourage future attacks. Moreover, once the data is leaked, there is no guarantee that the data will not be misused. Instead, companies should develop Email Lists Database protocols to respond to incidents (for example, by taking steps to mitigate any harmful uses of data). It is important that companies be proactive and take effective measures to prevent data hacks in the first place. By Carolyn Framer By Carolyn Framer Boston University.
Not surprisingly, many who disagree with paying point to the need to deter criminals from launching more attacks. Others who disagreed also noted that companies should focus more on preventing attacks and invest in strengthening security measures. The most obvious point of disagreement is that businesses today need to proactively invest in ensuring their data is not hijacked. The vulnerability of businesses has been evident since at least Sony. And, I think it's the responsibility of big companies to overcome.
