Brian Fung | @[email protected]

@b_fung ↗

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Last Checked July 27, 2021

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Tue Jun 08 21:07:20 +0000 2021

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Brian Fung | @[email protected] @b_fung

To try to disrupt that calculus, the Treasury Department has warned businesses that sending ransom payments to entities subject to US sanctions may be viewed as a federal violation. Scary! — PolitiTweet.org

Posted June 8, 2021

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Brian Fung | @[email protected] @b_fung

This is interesting because all ransomware boils down to a question of financial incentives. To a company as essential as Colonial, paying a few million up front is absolutely worth it in the face of potential disruption that could cost you far, far more. The fear is the thing. — PolitiTweet.org

Posted June 8, 2021

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Brian Fung | @[email protected] @b_fung

But of course, we don’t really know if the warnings have really deterred anyone from paying up as intended. And in the case of Colonial, the warnings didn’t seem to apply — the company determined that the hackers were not on any kind of sanctions list. So paying would be legal. — PolitiTweet.org

Posted June 8, 2021