Ransomware: "The worst mistake is a CEO who asks: How do I pay?"
Cyber attacks are crippling entire production lines and increasingly affecting medium-sized businesses too. Two experts explain how companies should negotiate with blackmailers - and how they can better protect themselves.
Ransomware attacks have increased by 10% in 2025, with 1041 incidents reported to the German Federal Ministry of the Interior. These attacks involve hackers encrypting entire IT systems and demanding ransom payments, often in Bitcoin, and threatening to release stolen data. Two crisis negotiators, Michael Sjøberg and Peter Skovbo, discuss how companies can defend against and regain control after such attacks.
Sjøberg, formerly with the Danish military, and Skovbo, who leads Delta Crisis, a Swiss consulting firm, share their expertise on common mistakes made during the initial hours of a cyberattack.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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