Bad news – businesses who pay ransomware attackers aren’t very likely to get their data back

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  • Hiscox study finds most firms who pay ransoms don’t get their data back in full
  • Victims also suffer reputational damage
  • Many companies report losing customers and business partners

With ransomware attacks becoming ever more common, a firm’s response can be crucial to recovery and mitigating the damage of the attack.

A new study from Hiscox has revealed a good reason not to pay attackers, finding in the vast majority of cases, even when a ransom is paid, companies don’t get their information back.

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