ESET study reveals that 84 percent of companies would be crushed if infected by ransomware. 31 percent of respondents would have no choice but to pay the hackers ransom. The attack involves someones computer screen being replaced by a message that appears to be from the police, demanding money, or a message saying your files are lost unless you pay a ransom to unlock them. Over the last year cyber criminals have developed a number of new ransomware variants which have allowed hackers to encrypt their victims data.”]
Source: https://informationsecuritybuzz.com/articles/uk-companies-commonly-held-hostage-by-hackers/