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Cyber attacks: '80%' of ransomware victims pay up, insurer says

Summary by Khbrknews
The vast majority of companies hit by ransomware attacks over the past year have paid up, according to an insurance specialist's report that warns of mixed outcomes for those who do. Business-to-home insurer Hiscox released its annual Cyber Readiness Report against a backdrop of concern over a series of cyber attacks on high profile names over the past six months, including Marks and Spencer, the Co-op and Jaguar Land Rover (JLR).

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Cyber attacks: '80%' of ransomware victims pay up, insurer says

The vast majority of companies hit by ransomware attacks over the past year have paid up, according to an insurance specialist's report that warns of mixed outcomes for those who do.

·United Kingdom
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IT Supply ChainIT Supply Chain

Majority of UK ransomware victims pay up: but should they? - IT Supply Chain

By James Blake (pictured) Global Head of Cyber Resiliency Strategy, Cohesity The post Majority of UK ransomware victims pay up: but should they? appeared first on IT Supply Chain.

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Sky News UK broke the news in United Kingdom on Tuesday, September 30, 2025.
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