Somehow, that's a quite believable scenario.
Fire fighting in Rome had a similar premise.
edit: Actually, Plutarch wrote that Crassus did buy the burning buildings.
Plutarch was closer to Crassus than I am so I guess I can't argue.
[1] https://penelope.uchicago.edu/Thayer/e/roman/texts/plutarch/...
This is instead a dysfunctional government approaching anarcho-individualism.
In both cases it’s the market at play.
https://www.youtube.com/watch?v=9zoXk1vnmcg
The real Bowery Boys would sometimes sabotage other companies' insured buildings by setting the fires.
Also, please do the work to expound on your claim.
A free market system requires protection of property rights. Arson violates property rights, and so is not free market.
When I hear people describe a free market, the respect for property rights is sacrosanct yet many also push back on regulation. This confuses me. Regulation typically seeks to ensure rights are respected.
I have a backup device of my own at home and that's the one I have to use. The company I work relies on some MSFT service that is pretty inflexible and won't back up the entire machine.
Some of these guys encrypt over a period of time which is long enough to exceed the backup rotation. Their code decrypts on request, until the trigger day, when it posts the banners and deletes itself.
Also, one should use "append only" backups (such as tape), or a disk drive designed to be append only with hardware write enables.
If you are penetrated, it's not so easy as just restoring your data from backup. You have to sterilise the machines you are restoring to. And you have to sterilise the data you want to restore. CM automation can deal with the system sterlisation, but I don't know how to sterilise data without using human judgement.
Don't get penetrated.
This is commonly suggested, and entirely useless.
What the ransomware groups do is put a time bomb on the computer, then leave it to trigger on a future condition. Your backup will backup the time bomb, and the second you restore it, it also goes boom. And therefore your backup is a perfect copy of your data but entirely useless.
Even if your backup does couple the data and compute together, if it's simply time based (not sure what other event you could use really, perhaps some pure probabilistic function), then it seems like you can just trick the environment that the time is something else to get back in.
The real underpinning issue is that this stuff breaks the state of the infrastructure and the business can't afford the downtime to go around and repair these issues.
If you have your infrastructure build out mostly automated, that automation is backed up, and critical data is backed up, then you can reasonably sidestep these issues (I supposed a real thorough breach might integrate the ransomware in this very automation system but it should be reasonable to root out). The other issue is of course if the intruders threaten to release private data (empkoyee and customer PII, financials, so on). There's also business integrity but that doesn't really seem to matter anymore.
But as for an event to use, what they can do is have the machine check a remote URI to see whether it should let the system run, and if it should then set itself up to lock things at a specified time. In order to restore that you need to have it starting on a network with networking to a system that has the attacker's private key to sign the request. This is not an environment that you are able to create.
Or Backblaze's evil twin.
Paying the ransom a second time would guarantee nothing. Neither was paying the first time either.
Like, is a company who runs its IT infra on Windows XP and pays the ransom likely to switch to the latest and greatest, no expenses spared, in a total and utter overhaul of all their systems? Or will they only try to patch the holes that were already revealed and gloss over the rest? Blame it on the intern, all that.
If they earn a reputation of coming back for seconds...
Two things:
People fix things faster to prevent double dipping.
People opt to not pay the initial ransom if they’re going to be taken hostage again.
It’s a kind of tragedy of the commons where the commons are the potential victims.
Plus, if the original vuln used to gain access is still open, there’s no reason why somebody else doesn’t find it later.
Though I suppose those thieves could also pay for the encryption key, or just go directly to the "service provider" for a paid copy.
Ransom gangs are business oriented.