Negotiating Cyber Extortion
Connectivity has its toll. According to recent research cyber extortion is the most common crime, with a global estimate of $2.7 Billion paid in ransom during 2018. No industry is immune. No company or individual are completely secure. From sextortion of high-net individual, through ransomwares such as Ryuk or Wannacry that has shut down entire business operations and governmental services, to more a complicated cyber extortion cases, where your most valuable data has been taken “hostage”. Despite the wide-spread of cyber extortion practices, still, the common reaction is either countering the attack solely with technological measures or surrender immediately and pay the ransom. Negotiation as a tactical tool is still underused. Tactical engagement is a set of engagement, communication, and negotiation strategies and tactics, performed by professional negotiators, that aim to reduce uncertainties, classify the event, profile the perpetrator, and support the technological cyber experts’ work in mitigating the risk and restore routine operation. Tactical crisis engagement extends beyond the simplistic questions of “whether we should contact the hacker?” or “should we pay the ransom?” and is deployed as an integral element of professional Incident Response (IR) teams.
Called by law enforcement throughout the world to negotiate lives, let the same professionals save your ventures from major losses. Our negotiations teams have ample experience negotiating and managing extortion crises. We will help you overcome the time pressure, potential damages, and multi-stakeholder complexity of the cyber-extortions, as well as: