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Technology

Ransomware payments made in half of global attacks

87% of U.S. targets paid up, against 33% in Japan, survey finds

Colonial Pipeline holding tanks in New Jersey: Ransomware attacks are becoming more frequent and seeking bigger payouts.   © Reuters

TOKYO -- As ransomware attacks grow increasingly frequent, more than half of the targeted organizations in seven major markets have made payments, according to a recent survey.

Roughly 2,400 out of 3,600 companies and organizations surveyed by U.S. cybersecurity specialist Proofpoint faced a ransomware attack in 2020, with 52% paying the attacker in the hopes of restoring access to data. American entities paid in 87% of cases, followed by 59% and 54% by British and German concerns. A third of Japanese targets made payments.

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