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Colonial Pipeline forked over $4.4M to end cyberattack – but is paying a ransom ever the ethical thing to do?

By Scott Shackelford, Associate Professor of Business Law and Ethics; Executive Director, Ostrom Workshop; Cybersecurity Program Chair, IU-Bloomington, Indiana University
Megan Wade, Research Affiliate at the Ostrom Workshop for Cybersecurity and Internet Governance, Indiana University

The FBI and Treasury Department frown on the idea of paying off cyber attackers. But there is sufficient ethical and legal gray areas to make it a real moral quandary for business leaders.

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