UK and Singapore to collaborate on supporting ransomware victims | Computer Weekly
Briefly

Going forward, organisations will be encouraged to consider their options more carefully instead of making payments to cyber criminals in haste, and spells out to victims in no uncertain terms that paying ransoms for stolen data only emboldens cyber criminals to attack others, and offer no guarantee of data recovery or future security.
Security minister Dan Jarvis explained that the guidance was intended to try to undermine cyber criminal business models and disincentivise them from targeting other organisations. "Cyber criminality does not recognise borders. That is why international co-operation is vital to tackle the shared threat of ransomware attacks," said Jarvis.
NCSC director for national resilience Jonathon Ellison added: "Ransomware remains an urgent threat and organisations should act now to boost resilience. The endorsement of this best practice guidance by both nations and international cyber insurance bodies represents a powerful push toward fortifying our defenses against cyber threats."
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