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Ransomware: Best Practices for Negotiating a Ransom Payment

Good Tactics Can Help Negotiate Down Initial Ransom Demand by 50%, Researchers Find Mathew J. Schwartz (euroinfosec) • November 25, 2021

As ransomware continues to pummel organizations, some victims determine that their best - and perhaps only - course of action is to unfortunately pay a ransom to try and recover their data.

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But if so, there are multiple strategies they can employ to put themselves in a better position in their negotiations with the offending ransomware group, two cybersecurity researchers report.

"With good negotiation tactics, in most cases initial ransom demands can be negotiated down by half - or more," write Pepijn Hack and Zong-Yu Wu of cybersecurity firm Fox-IT, which is part of Manchester, England-based security consultancy NCC Group.

The pair are the authors of a report titled "'We Wait, Because We Know You.' Inside the ...

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