Security News > 2020 > May > Paying the ransom = paying double

The total cost of recovery almost doubles when organizations pay a ransom.

27% of organizations hit by ransomware admitted paying the ransom.

"Organizations may feel intense pressure to pay the ransom to avoid damaging downtime. On the face of it, paying the ransom appears to be an effective way of getting data restored, but this is illusory."

"Sophos' findings show that paying the ransom makes little difference to the recovery burden in terms of time and cost. This could be because it is unlikely that a single magical decryption key is all that's needed to recover."

In a very small minority of cases, paying the ransom did not lead to the recovery of data.

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