Latest / Cybersecurity Business with Fexingo: Security Companies, Breaches, and Enterprise Defense
Why Enterprise Security Teams Are Using Ransomware Negotiation Firms
When a ransomware attack hits, who actually talks to the criminals? In this episode, Lucas and Luna dive into the controversial but increasingly common practice of hiring professional ransomware negotiators. They explore how firms like Coveware and Kivu Consulting act as intermediaries between victims and attackers, using data from past incidents to drive down ransom demands. Lucas explains the typical playbook: threat actors demand $5 million, negotiators use industry benchmarks to get it below $1 million. Luna questions the ethical tightrope—do these firms legitimise extortion? They discuss…
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