Cybersecurity firm offers official Ransomware Negotiation Service

    While FBI is urging ransomware victims not to pay any ransom to hackers as it encourages crime, a Cybersecurity firm from Virginia says that it will offer a ransomware consultation and negotiation service on an official note to deal with a situation.

    GroupSense, a threat intelligence company based in Arlington County of VA is offering a service package for ransomware victimized companies that facilitates negotiations with actors.

    Therefore, those whose data has been locked up from access with the file encrypting malware can approach this firm that has the potential to resolve the issue. On an additional note, it also arranges for the wipe-out of ex-filtrated data to cut down the cyber risks associated with the data thefts.

    Furthermore, GroupSense also offers other services that are related to ransomware attacks and that includes evaluation of the attack, construction of post attack remediation, executive support who helps the victim by connecting them to the support technology and legal counseling along with the claim talks if the victim is covered by an insurance company.

    If the said services doesn’t satiate the needs of the victim. GroupSense will also offer public relation services and execution in real-time along with communications with clients, stakeholders, employees and customers.

    Note- In November 2019, the Federal Bureau of Investigation(FBI) has released a press statement, and it urges the ransomware victims not to pay any ransom to hackers as it encourages crime and also doesn’t guaranty an exchange of decryption key for sure as soon as the hacker receives the demanded amount. However, in Feb’20, a second request put forward by the federal agency says that the victim should analyze the situation first and then pay or not to pay the ransom.

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    Naveen Goud
    Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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