https://www.law.com/2022/10/03/judges-take-action-on-mental-health-after-pandemic-the-morning-minute/
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October 03, 2022 at 06:00
5 minutes of reading
Law professors oppose immunity for Trump on January 6 by Brad Kutner
WHILE YOU WERE SLEEPING
MONEY WELL SPENT? – In a ransom situation after a cyber attack, should you pay what is demanded? What Habiba Cullen-Jafar of Law.com reports, the lawyers at Freshfields Bruckhaus Deringer say: sometimes, yes. Rhodri Thomas, dispute partner at Freshfields, said sometimes the best option for an attacked company is to pay a ransom after a cyberattack, despite regulators urging otherwise, amid a confusing legal framework. Thomas and his colleague, senior dispute associate Hannah Walker Gore, explored the topic on the first day of this year’s Legal Geek legal tech conference on Sept. 28. for the key According to lawyers, despite a better understanding of technology and more sophisticated cyber defenses, the corporate world has yet to stem the tide of such cyber attacks. Walker Gore noted that “between 2020 and 2021, the number of cyberattacks that took place doubled.” In the first six months of 2021, ransomware victims paid $590 million to their attackers, lawyers said. This could mean that paying the “€20,000 in Bitcoin” to decrypt your data may seem like a better option than spending seven figures a week to fight off the attack, Thomas argued. However, despite the temptation to pay, the couple explained that this option can leave you vulnerable to subsequent attacks because, as Thomas put it, you could end up on “the sucker list” and then be known to other criminals as an easy target. . .
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