Why Transparency is Important to Curb Ransomware

One of the most important threats when browsing the Internet is ransomware . It is a very present problem that has been increasing in recent years. Hackers aim to encrypt computers and files and then demand a ransom in return. Now, the way in which we face the problem can be decisive. A group of security researchers shows why transparency for victims is important.

Transparency is very important in ransomware

Many victims suffer from ransomware attacks . We speak of both private and domestic users, as well as large organizations and companies. They see how their files are totally unusable and they cannot use the systems normally. They find a message where they tell them what to do, how to pay that ransom and how much. Now, do you make all that public?

Why Transparency is Important to Curb Ransomware

The truth is that the vast majority of victims hide the real data of this ransomware attack. They do not inform their clients or workers of the amount they have had to pay, nor do they make public the data related to the way in which they received the information.

All of this can be a problem, as it is information that can be of use to other victims, as well as to security researchers who can have more control over how cybercriminals act, what they ask for and in what way.

Now the company Volue , which suffered an attack with the Ryuk ransomware a few weeks ago, has decided to be totally transparent and has provided all the information in relation to this problem. He has shared all this information also with KraftCert, a Norwegian cybersecurity team.

This fact, the transparency shown by the Volue company, has been applauded by security researchers. They believe that this makes it much easier for security researchers to fight similar threats that may affect third parties.

Something positive for everyone

Those in charge of computer security have indicated that the fact that a company victim of ransomware is totally transparent is something that benefits everyone . On the one hand, it is positive regarding the image for its clients and workers. They are reporting all the details related to the payment, the form of it, etc.

However, many companies hide all this for fear of having a loss of image and reputation. This could also cause safety problems for workers or customers who may have been indirect victims. It is convenient that they can report as soon as possible so that third parties or organizations can avoid suffering the same consequences.

But without a doubt, trust is going to be a fundamental factor. If a victim of ransomware, such as an organization, reports everything in detail, it will make others more confident and not lead to believe that they are hiding important data.

Ultimately, computer security researchers believe that transparency is very important in protecting against ransomware. One more way to deal with a serious problem that affects private users and also companies.