Nearly half of organisations falling victim to ransomware encryption pay up, says report—although half of those often negotiate the payment down first

A report by Sophos indicates that nearly half of organizations experiencing ransomware encryption pay their attackers, often negotiating the ransom down from the initial demand. While median ransom payments and demands have decreased, the success rate of attacks in encrypting data has increased, leading to higher average recovery costs.

• Entities
• Ransomware
• Cybersecurity
• Sophos
• Data Encryption