54% of businesses now have a defined policy in place to deal with ransomware attacks. This means paying a ransom, relying on insurance policies or refusing to pay at all. 29% or organizations were affected by ransomware in last 12 months, up from just 9% in 2016. Peter Groucutt, Managing Director of Databarracks, said: ‘Ransomware is the fastest growing threat we face. Paying a ransom emboldens criminals to hit harder and more frequently in future.
Source: https://www.helpnetsecurity.com/2021/07/14/ransomware-policy/