Ransomware negotiator Retainer? Do you currently hold a retainer with a ransomware negotiator consulting firm? If so any recommendations?
Sort by:
Thanks Amitpal, couldn't agree more on the comment "Recovery by design, negotiation by exception." I appreciate your recommendations. <br>Take Care
Insurance companies will not pay a claim for ransomware. Instead of paying the attackers, you would be better off investing in recovery of your systems. You will be attacked, you will be compromised, you must minimize the damage to your organization using the Defense in Depth and Zero Trust frameworks. Isolate as much as possible with internal network segments. Ensure the attackers are unable to transit the internal network freely. Then focus on recovery. Clean backups, data organization, prioritization of systems, and practice!!!!!!
Hi William, Where I agree with what you are preaching, it is the world I live, I think its unrealistic and maybe even neglectful to not plan for the worst case scenario. Our insurance provider would/does pay ransom if the need were to come up, so might be worth your time to shop around some.
Insurance companies are for profit organizations. It is in their best interest to NOT pay out for an event. That fine print is written for their benefit, not for their clients.<br>We should all have life insurance, but it takes time to pay out. Your family is not going to be covered for months until the check arrives. Even after the check arrives, it may not cover all of the expenses and liabilities.<br>The same for buying business cyber insurance. You need it, and you pay a premium for it. However, your business will be bankrupt long before the insurance company does their due dilligence and cuts you a check. Your recovery takes resources and incurs expenses while losing revenue and a possible loss of business revenue.<br>The only real protection for a business that wants to survive is to ensure they have an ecosystem that provides for the ability to recover from natural/man-made and actual threat actors causing harm.
Sygnia helped me with that issue once. https://www.sygnia.co/
Thanks
Yes — and structure matters more than the name.
Best Practice: Recovery by design, negotiation by exception.
For insurer-aligned retainers:
• Coalition for enterprise (built-in negotiator panel + in-house IR)
• At-Bay for mid-market (prescriptive OFAC/legal workflows)
• Corvus for SMB (integrated prevention + response)
Coverage sanity check: Always confirm panel status, compliance, and pre-auth during renewal — not during a breach.
Note: Sygnia remains top-tier as a hands-on response and negotiation firm — often embedded within these insurers’ panels rather than used standalone.
Coalition, At-Bay, and Corvus orchestrate; Sygnia executes. Alignment ensures coverage and speed when it matters.