In a ransomware scenario, do you have a clear understanding of what information your executive team would need in order to make a decision on whether to pay the ransom or not?

I’m in the process of developing and formalizing the Risk Appetite Statement (RAS) for my organization, a public transport operator. Before we bring the draft to the Board, I’d appreciate your views on the best approach for engaging the Senior Leadership Team (SLT): Is 1:1 engagement more effective to gather candid input? Or would a group workshop be better to align perspectives and drive collective ownership? If anyone has experience developing a RAS specifically for a public transport or infrastructure-focused entity, I’d love to hear your lessons learned or key considerations. Appreciate any tips or tools!