Or are we really supposed to believe these criminals would follow some sort of made up honor code?
Or are we really supposed to believe these criminals would follow some sort of made up honor code?
However the hackers also want to get paid, as soon as they go back on their word no one else will ever pay them.
But there is another "maybe" to consider (OP did ask for a brief explanation so I didn't go into all possibilities), did they encrypt the data? If they did and entity no longer has access to it they then have two options 1) restore the data from backup (if they had them and can restore service in a reasonable amount of time) / write off any data loss 2) pay up for the keys.
The hackers are the real victims here
These arm-chair game theory arguments tend to fall apart instantly as soon as you assume multiple rounds are played.
There isn't any measure of morality or honor involved like you are suggesting.