Report: Only 45pct of Ransomware Payments Result in Data Being Returned

[engine]

Ransomware: We all are well aware of it, and we all know that the best way to beat it is to avoid being compromised. However, according to some research published recently, only 45% of those paying actually get their data back.
At such a low figure it only makes you think it's not worth paying just in case you're in the 55% bracket.

“Although most firms would say they would not pay up, when they are hit by ransomware they typically change their view when their critical files are encrypted,” said Genes.Report: Only 45pct of Ransomware Payments Result in Data Being Returned [computerweekly.com]

[bill]

The early ransomware guys did a good job apparently. You pay. You get your files back. These lazy ransomware fraudsters are going to give the original fraudsters a bad reputation. ;)

[keyplyr]

Some of us older users remember OS crashes and loosing all our data, so we learned to back it up.

Even with all the cloud storage and built in back-up software on everything nowadays, some people just won't learn.

This type of ransom vulnerabity shouldn't even exist.

[engine]

hehe, yes, and the worse it gets the less likely that anyone will pay.

It's probably driving the cause for better and more efficient backups, and better ways to recover. I have already added coping with ransomeware to our disaster recovery procedures.