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Ransomware Takedown Adds Fuel to Gov’t Disclosure Push
Law360
01 Feb 2023
Law360
Alex Iftimie spoke to Law360 about the FBI and foreign law enforcement partners seizing servers and websites belonging to an international ransomware group known as Hive, saving ransomware victims from being extorted out of more than $130 million.
“There are few things more valuable to victim organizations than being able to quickly get its hands on a decryption key that gets its systems back up and running and prevents a significant disruption of operations," said Alex.
He added that the FBI’s efforts in the case “speak to a direct value to victims of coming forward and cooperating with the FBI in the context of a ransomware attack.”
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