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April 25, 2023

Conduct Internet research and identify a company that was recently held for Cyber-ransom, of any kind.

After watching the Wall St. Journal video with the Colonial Pipeline CEO, and reading the Law360 Expert Analysis article on how to manage cyber risk, do the following:

Conduct Internet research and identify a company that was recently held for Cyber-ransom, of any kind.

Identify the company, why it was held ransom & what could/should have prevented it?

Did the company pay a ransom?

Who was responsible for the decision to pay/not pay?

Was the decision to pay ethical? (To pay or not to pay)

Colonial Pipeline CEO Tells why He Paid Hackers a $4.4 Million ransom:

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