ProPublica: Ransomware Too Scary for Business to Name

NEW YORK — ProPublica, an independent nonprofit newsroom dedicated to investigative reporting, publishes a series of stories as part of its coverage titled “The Extortion Economy: U.S. Companies and Ransomware.”

The reports have documented the preference of insurance companies to pay ransom when public agencies and companies are hit by ransomware and their files are locked, and concludes the reason is that “attacks are good for business.”

The newest report published in the series looks at how companies are wary of alarming investors by publicly reporting ransomware attacks. CLICK HERE to read.

CLICK HERE to go to the foundation page for all of the stories in “The Extortion Economy” series.


Published by The Business Journal, Youngstown, Ohio.