July 12, 2016

Karl Kronenberger Discusses Data Ransoming in Lawyer Monthly

Ransomware, which is a form of malware that encrypts data and demands a payment from the victim to unlock it, is a growing problem. And, after assessing all their options, many companies opt to pay a ransom in order to get access to their data. For an analysis of this growing problem, Lawyer Monthly turns to Karl Kronenberger, Partner of Kronenberger Rosenfeld, LLP, to discuss the issue.

“For companies, the first solution is to have state-of-the-art technology defenses, which involves getting experts to look at your network, analyzing it for risks of intrusion and educating employees,” said Kronenberger. “If ransomware is used to encrypt company data, having a backup gives companies more negotiating power and protects them from being forced to pay hackers out of necessity.”

While keeping current data backups that are impervious to data ransoming malware is a solution, it is only short term. A long-term option may involve governments creating sanctions regimes that prohibit companies from paying ransoms altogether. If data ransomers cannot receive payments, then data ransoming will end.

Read full article.

Related Topics

    Related Practice Areas



    Related articles

    Anonymous Online Misconduct

    Internet Law Firm Obtains Two Court Orders to

    Kronenberger Rosenfeld has obtained two important court orders to assist the victim of anonymous online defamation in identifying the anonymous defendants. Kronenberger Rosenfeld, representing the plaintiff, filed a John Doe...

    Read Article

    Anonymous Online Misconduct

    Jeffrey Rosenfeld Authors Law360 Article on Ways to

    In the Law360 article “Invoice Intercepted: A New Form of Wire Fraud,” Partner Jeffrey Rosenfeld discusses different avenues to avoid becoming a victim of a new type of wire –...

    Read Article

    Anonymous Online Misconduct

    Lawyer Monthly Q&A: Should Companies Pay Data Hacking

    In the 21st century, a new form of kidnapping has arisen: data ransoming. Hackers can gain access to digital assets and information through a company’s server or emails, and can...

    Read Article

    Anonymous Online Misconduct

    The Firm Files Lawsuit Against GoDaddy and Amazon

    As featured in ABC News and Law360, Kronenberger Rosenfeld filed a lawsuit on behalf of three individuals against GoDaddy.com, LLC, Amazon Web Services and multiple anonymous defendants, relating to the...

    Read Article
    Get the help you need.

    We offer legal advice on a wide range of online topics

    Get legal help now

    Not seeing what you’re looking for?

    Submit your case in 3 minutes and get legal help fast.

    Submit your case online

    OR

    Give us a call
    Join our mailing list

    Stay ahead of legal matters

    The internet moves fast. We'll keep you informed.