[ISN] Cloud Security Alliance says infosec wonks would pay $1m ransoms

www.theregister.co.uk/2016/01/14/cloud_security_alliance_says_infosec_wonks_would_pay_1m_ransoms/ By Team Register 14 Jan 2016 Some companies will pay hackers up to US$1 million in ransoms to claw back stolen data according to a poll by the Cloud Security Alliance. The survey garnered 209 respondents of which half were in IT security and a third from tech with most hailing from companies with up to 1000 staff and a quarter from large enterprises with over 50,000 employees. Half of those responding were from the US, and a quarter from Europe, the Middle East and Africa. The report (PDF) found a quarter of respondents would pay ransoms to prevent the release of sensitive corporate data. 14 said they’d pay more than $1 million to black hats to prevent sensitive data dumps. […]