Cybercriminals target backups of 94% of companies hit by ransomware, increasing pressure to pay ransom. Recovering from attacks with compromised backups is eight times more expensive.
Median ransom demand is $2.3 million when backups are compromised, compared to $1 million when not compromised. Compromised backups give attackers more leverage to demand higher ransom.
"Ransomware-led outages... restoring IT systems is often complex and expensive." - Sally Adam, Senior Director of Marketing at Sophos
Organizations with compromised backups pay 98% of ransom demand on average vs. 82% for those without compromised backups. Non-compromised backups enable better negotiation.
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