Alliance of 40 countries to vow not to pay ransom to cybercriminals, US says

Haus@kbin.social to News@lemmy.world – 85 points –
reuters.com

Forty countries in a U.S.-led alliance plan to sign a pledge never to pay ransom to cybercriminals and to work toward eliminating the hackers' funding mechanism, a senior White House official said on Tuesday.

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I assume this still won't stop companies and state/local governments from paying.

Hack the right server and I dont think it will stop these federal governments from paying.

Have they thought of the shareholders?