"One-third of UK-based #CISOs have confessed to paying #ransomware groups millions of dollars in recent years in a bid to alleviate the impact of an attack, according to new research.
Analysis from security firm Trellix found four-in-ten UK CISOs have managed a ransomware attack in the last five years – and in every single case, their organization opted to pay.
#Trellix found that one-third of CISOs paid between $5 million and $15 million for a ransom demand while 13% paid between $10 and $15 million.
The minimum ransom paid by all UK businesses across a five year period stood at around $250,000, the study found."
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