As ransomware threats increase, victim organizations often face decisions about whether to pay the ransom and how to negotiate with threat actors, said Mark Lance, VP of digital forensics and incident response at GuidePoint Security. He assists in ransom negotiations and noted that threat actors often deliver decryption keys on payment to maintain their reputation. Lance also commented on the ransom-payment ban discussion, stating that he doesn’t believe a blanket-ban is practical.

Data breach victimization prevalent amid higher cyber spending
Illinois-based physical security firm, Andy Frain Services, suffered a data breach in October, allegedly due to the Black Basta ransomware. SecurityWeek reports that the breach