Zeroing in on cyber insurance as a key area for reform comes as the U.S. government scrambles to find ways to disrupt ransomware networks.
For many organizations, deciding whether to pay a ransom is a difficult and urgent decision.
The hacker group allegedly demanded a ransom to return the stolen data, though it remains unclear whether NPD paid it.
Darren Williams, founder of BlackFog, a cybersecurity firm that specializes in ransomware prevention and cyber warfare, is firmly against paying ransoms.
UnitedHealth Group experienced this firsthand after its subsidiary, Change Healthcare, was hit by the ALPHV/BlackCat ransom group in April 2023.
Persons:
Anne Neuberger, James S, Ann Neuberger, scrambles, Paul Underwood, Underwood, Bryan Hornung, Hornung, I've, they'd, —, Ransom, LVHN, Darren Williams, BlackCat, LoanDepot
Organizations:
Brady, White, Washington , D.C, National Intelligence, FBI, Xact IT, Social, Lehigh Valley Health, Federal Trade Commission, NPD, Jerico, UnitedHealth Group, Change, Healthcare, LoanDepot
Locations:
Washington ,, what's, Pennsylvania, U.S