Are Ransom Payments Supporting Terrorists?

Terrorist organisations look a lot like organised crime. If ransom payments were prohibited, it would deprive both of funds…:

[…] There is an outstanding article, dated August 27, 2019, by Renee Dudley for Pro Publica with the title “The Extortion Economy: How Insurance Companies Are Fueling a Rise in Ransomware Attacks,” available at https://www.propublica.org/article/the-extortion-economy-how-insurance-companies-are-fueling-a-rise-in-ransomware-attacks

Dudley’s article provides an excellent chronology of ransomware attacks and whether organizations paid up or tried to recover on their own. There is also a
suggestion in the article that some ransom monies are being used to finance terrorists! If I read that correctly, then these municipalities and insurance companies, which decide that paying up is their most cost-effective approach, are in fact funding terrorism.

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Original article here