It doesn't pay to pay a ransom: Cybereason study

Nurdianah Md Nur
Nurdianah Md Nur6/14/2022 01:56 PM GMT+08  • 2 min read
It doesn't pay to pay a ransom: Cybereason study
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Is it worth paying the ransom in response to a ransomware attack? The short answer is no, according to the Ransomware: The True Cost to Business Study 2022 by cybersecurity firm Cybereason.

The majority of organisations in Singapore that paid the first ransom demand were hit again in less than a month (88%), with nearly two-thirds (62%) stating that threat actors demanded a higher ransom the second time.

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