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Majority Of SMBs Would Not Pay Ransomware Attackers

Only 3% would be willing to pay $10,000 or more, while 10% were okay with giving between $1 and $100. Ransomware attacks have increased by 300% over last year, according to Symantec. 65% of SMBs say they won’t allocate budget for ransomware issues, although 60% acknowledge the impending threat. 75% of respondents do not have cyber insurance, but those aged between 18- and 34 years old are more likely to opt for it.”]

Source: https://www.darkreading.com/attacks-breaches/majority-of-smbs-would-not-pay-ransomware-attackers

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