Hackonomics: Market Forces and Unethical Behaviour

With the recent hacking attacks at Twitter and Garmin, Nic explains the detail behind another attack on a company called Blackbaud.

They claim to have stopped a cyberattack, but they are explicit that they paid the ransom demand.

Can companies really guarantee their data is not going to be released or sold after paying the ransom?  Why did Blackbaud admit to paying it?

Will this behaviour encourage more cybercriminality, and do market forces actually mean that it’s in the interests of cybercriminals to not release the data?

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