More firms pay ransom after cyber attacks, with amount paid going up: Survey

The average ransom paid was about US$812,000 ($1.13 million) last year. PHOTO ILLUSTRATION: PEXELS
New: Gift this subscriber-only story to your friends and family

SINGAPORE - More organisations hit by ransomware are paying up to get their data back, a recent study shows.

The amount paid has also gone up, according to cyber-security firm Sophos' survey of 5,600 technology professionals across 31 territories.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.