PYMNTS’ Daily Data Dive: Study Shows One-Third Ransomware Victims Pay Up

With mounds of data created on a daily basis and businesses looking to capitalize on that data, there’s a high probability of getting hacked by ill-intended parties or having a ransomware attack.

CyberEdge Group’s latest Cyberthreat Defense Report shows over one-third of ransomware victims end up paying the ransom.

Here are the numbers:

61 percent | Percentage of organizations attacked by ransomware in 2016

One in five | Respondents unhappy with Microsoft’s available Office 365 protections

33 percent | Percentage of organizations that paid a ransom

79 percent | Percentage of organizations targeted by successful cyberattacks

75 percent | Percentage of organizations that say their cyber insurance investment is adequate