Internet 2.0 Co-Founder Robert Potter says Latitude Financial Services paying the ransom demanded by hackers would be a “Hail Mary” option.
“The idea of the ransom payment is that somehow this gives you assurance that the nice, honest bad guy has gone
off and deleted all the files and … your personal records,” Mr Potter told Sky News host Cory Bernardi.Read More
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Latitude Financial says hackers have demanded a ransom but it will not payLatitude Financial will not pay a ransom to those behind a cyber attack, as the details from 14 million customer records remain at risk of being released.
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Latitude Financial vows not to pay ransom to hackers in wake of massive data breachLender says ‘no guarantee’ that paying ransom would result in destruction of data and doing so ‘would only encourage further extortion attempts’
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Latitude Financial refuses to pay cyber-attack ransom demandsFinance company Latitude Financial says it will not give in to ransom demands by cyber criminals behind one of Australia's largest cyber-attacks. Almost 8 million driver's licenses of Australian and New Zealand customers have been stolen including more than 6 million customer records. Passport numbers of more than 53,000 customers have also been compromised in the data breach. Customers are being asked to check their credit history and financial records for suspicious activity.
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Latitude Financial refuses to pay ransom to cyber hackersLatitude Financial, the subject of one of the biggest data breaches in our history with more than 14 million past and current customer records compromised, today announced it's received a ransom notice. The company says it will not pay the ransom because it does not believe this will result in the return or destruction of the information that was stolen.
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Criminals behind Latitude cyber attack issue ransom demandLatitude Financial has revealed it has been sent a ransom demand but will not pay up to the criminals who launched a cyber attack on the company.
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Latitude rules out ransom, restores operationsNon-bank lender Latitude Financial says it will not pay a ransom requested by cybercriminals that hacked its systems, stealing data belonging to more than 14 million past and present customers.
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