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Caesars reportedly paid millions to stop hackers releasing its data | It's the second Las Vegas casino group to be attacked this week. (www.engadget.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Caesars reportedly paid millions to stop hackers releasing its data | It's the second Las Vegas casino group to be attacked this week.::Caesars Entertainment reportedly paid "tens of millions of dollars" to hackers who threatened to release company data.

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[–] Earthwormjim91@lemmy.world 4 points 1 year ago (1 children)

This isn’t a crypto locker hack though where you can verify pretty immediately if they’re going to keep their word by them decrypting your data.

In this case the hackers actually physically have the data and are threatening to make it public if you don’t pay.

There’s no way to verify that they will never release it once you pay them. They could just sit on it for years after getting paid and then come back and say pay up again or they’ll release it.

[–] Potatos_are_not_friends@lemmy.world 1 points 1 year ago

Which is kinda what's happening now!

And this is why you don't negotiate with terrorists.