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Ransom payments challenge cyber insurers

France is seeking to find a middle way between banning the payment of ransoms and legalising it by creating an obligation for victims to report the attack, within 48 hours, to the authorities, taking the view that transparency is one of the best tools again ransomware gangs

The question of whether companies should pay ransoms to cyber criminals raises both ethical and legal questions. In France, the government has attempted to defuse legal fears by allowing payments to be made if the attack is first reported to the authorities. But there are difficulties with this approach

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