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Need another reason to defend against ransomware instead of ending up having to find a solution other than paying it? Double extortion may be it.
So, what is double extortion? When did it start? With this tactic, ransomware actors steal a victim’s data before their malware strain activates its encryption routine. They then have the option of demanding two ransoms. The first one is the provision of a decryption utility. The second one guarantees verbal confirmation of having deleted the victim’s data from their servers. They can also leverage that data theft to pressure victims — even those that have a robust data backup strategy.
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