When you paid your ransom and lost your data too !!

According to a new study from Trend Micro, they observed that 1 out of 5 UK firms end up paying ransom and never get their data back too.

Some stats from the study in UK are :

20%   - companies reported ransom of £1000
24 hrs - deadline given to pay the ransom
26%   - believed that the data encrypted wasn't valuable.
33 hrs - spent on a average to fix the problem
37%   - companies worried about being fined if data were lost, so paid up ransom to get the data back or prevent disclosure.
44%  - UK firms have been infected with ransomware atleast once in last 2 years.
£540  - Average amount of rans
om requested
66%  - refused to pay and don't bargain too
60%  - companies were able to retrieve data from backup files
79     - new ransomware families found in 2016
300   - IT managers were polled for the study