Less Than Half Paying Ransomware Actually Get Their Data Back

As it turns out, paying the ransom on a ransomware attack is a great way to end up losing both your data and your money.

According to a study by Cyberedge, less than 50% of people hit by a ransomware attack who pay the ransom actually are able to recover their files. Of those who caved to the demand and paid the ransom, 49.4 per cent said they could recover their data, while 50.6 ended up losing it anyway. The not-so-shocking conclusion is that criminals don’t always stay true to their word.

So what’s the takeaway? Further reading of the study confirms what we’ve advised our clients for years; make sure you have good backups regardless of whether you use the Cloud or store data locally. And in the event of a ransomware infection, restore to the last backup.

If you’re not 100% sure of your data backups – whether you have Cloud data, premises data, or a combination – contact us and we’ll be glad to assist you. MicroData offers a full Managed Backup service as well as 1-click rollback restore solutions. You can also learn more on our website.

Everyone stay safe out there!


 

Author: Glenn Mores

President & CEO MicroData