60% of CEOs admitted to stockpiling cryptocurrency to pay cybercriminals in case of a ransomware attack or data breach. Eight in 10 of the security executives whose companies have stockpiled cryptocurrency have made payments to cyber criminals in the past year. The number of ransomware attacks have declined 30% since 2017, according to research from cybersecurity and antivirus provider Kaspersky Lab. For one thing, they’re inexpensive to execute, and they’re easy to pull off. That explains the recent surge in the popularity of “ransomware as a service””]
Source: https://www.darkreading.com/attacks-breaches/think-twice-before-paying-a-ransom