232
PandaBuy pays ransom to hacker only to get extorted again
(www.bleepingcomputer.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 06 Jun 2024
232 points (97.9% liked)
Technology
58150 readers
3737 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
It's bad business to not be honest and trustworthy. If a hacker group is known to always give back the data and not strike twice, they are obviously much more likely to get paid. No one's paying someone known for ripping off. We see this in company ransomwware all the time. They are friendly, helpful in explaining the breech, and professional. If they were the opposite, they'd be broke.
It's an interesting dynamic where the ransomware groups have to be reliable and professional for their business model to work.
It was the same with Pirates, if you get a bad Rep with your extortion business you're just making your own life harder down the line