Why don’t all ransomware victims report attacks to law enforcement, and how does this impact the fight against cybercrime?
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Many ransomware victims do not report attacks to law enforcement due to various reasons such as fear of potential negative consequences, concerns about reputation damage, uncertainty over the effectiveness of law enforcement actions, and lack of awareness about reporting procedures. This lack of reporting hinders the fight against cybercrime as it leads to underreporting of incidents, which can limit the ability of authorities to track and apprehend cybercriminals, disrupt their operations, and prevent future attacks. Reporting incidents to law enforcement is critical to creating a comprehensive understanding of cyber threats, enabling better coordination between public and private sectors, and promoting stronger cybersecurity measures.