Colonial CEO Says Paying Ransom Is a Company Decision

The transcript discusses the issue of cyber attacks, focusing on ransomware. It details a company's decision-making process regarding a ransomware payment, including the timing of the payment and the involvement of the FBI. The FBI's official position discourages paying ransoms, but the decision ultimately lies with the company.

What is the primary focus of the initial discussion in the video?

• The impact of ransomware on personal computers

• The need for oversight and new laws to combat cyber attacks

• The role of social media in spreading ransomware

• The history of cyber attacks

On which date was the decision made to negotiate with the hackers?

• May 6th

• May 7th

• May 8th

• May 9th

When was the ransomware payment actually made?

• On the day the attack was discovered

• Two days after the attack

• The day after the decision to negotiate

• A week after the attack

What was the FBI's official position regarding ransom payments?

• They have no official position

• They discourage paying the ransom

• They recommend paying only in certain cases

• They encourage paying the ransom

Who ultimately decides whether to pay the ransom?

• The hackers

• The government

• The FBI

• The company affected