UK NCSC and Insurance Associations Publish Guidance on the Approach to Ransom Payments

pOn May 14 2024 the UK National Cyber Security Centre NCSC and three major UK insurance associations Association of British Insurers ABI British Insurance Brokers Association BIBA and International Underwriting Association IUA published joint guidance on the approach to ransom payments the Guidance The Guidance was prepared for businesses experiencing a ransomware attack with the aim of reducing the overall impact of the incident on the business The Guidance is intended among other things to reduce the number of ransoms paid by ransomware victims in the UK and the size of the ransoms paid in cases where the victims do elect to pay  ppThe Guidance provides details on things to consider when experiencing a ransomware attack These include but are not limited toppRead the NCSC press releaseppRead the GuidanceppCookie Settingsp