They main reason why companies worldwide refused to pay a ransom when experiencing a ransomware attack was because they had a full backup of their data. However, 19 percent of respondents admitted not paying the ransom money because the authorities had told them so.
Reasons why companies worldwide refused to pay a ransom when experiencing a ransomware attack in 2021
Characteristic
Share of respondents
We had a full backup of our data
58%
Our policy is not to pay the ransom
46%
We did not believe the attackers would provide the decription cypher
42%
The compromised data was not critical for our organization
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IBM. (October 28, 2021). Reasons why companies worldwide refused to pay a ransom when experiencing a ransomware attack in 2021 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1318615/reasons-not-to-pay-ransomware-money-worldwide/
IBM. "Reasons why companies worldwide refused to pay a ransom when experiencing a ransomware attack in 2021." Chart. October 28, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1318615/reasons-not-to-pay-ransomware-money-worldwide/
IBM. (2021). Reasons why companies worldwide refused to pay a ransom when experiencing a ransomware attack in 2021. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1318615/reasons-not-to-pay-ransomware-money-worldwide/
IBM. "Reasons Why Companies Worldwide Refused to Pay a Ransom When Experiencing a Ransomware Attack in 2021." Statista, Statista Inc., 28 Oct 2021, https://www.statista.com/statistics/1318615/reasons-not-to-pay-ransomware-money-worldwide/
IBM, Reasons why companies worldwide refused to pay a ransom when experiencing a ransomware attack in 2021 Statista, https://www.statista.com/statistics/1318615/reasons-not-to-pay-ransomware-money-worldwide/ (last visited November 22, 2024)
Reasons why companies worldwide refused to pay a ransom when experiencing a ransomware attack in 2021 [Graph], IBM, October 28, 2021. [Online]. Available: https://www.statista.com/statistics/1318615/reasons-not-to-pay-ransomware-money-worldwide/