Cybersecurity statistics about ransom payment ban
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More than a third (34%) of UK business leaders who support a proposed ransom payment ban believe it would lead to increased government support and intervention to safeguard cyber resilience.
94% of UK business leaders support limiting ransom payments for public entities.
99% of UK business leaders support limiting ransom payments for private organisations.
A third (33%) of UK business leaders believe that a ban would decrease the prevalence of ransomware attacks by reducing the incentive for attackers.
In real-world situations within the private sector, if a ransom payment ban were to take hold, only 10% of UK business leaders said they would comply if they were attacked.
96% of surveyed UK business leaders from companies with revenues of £100 million+ believe that ransomware payments should be banned across both public and private sectors.
In real-world situations within the private sector, if a ransom payment ban were to take hold, 15% of UK business leaders said they would be neither likely nor unlikely to comply with such a ban.
Almost all UK respondents (98%) stated that cyber readiness and recovery will be a top spending priority.
75% of UK business leaders who believe ransomware payments should be banned admit they would still pay a ransom if it were the only way to save their organisation, even if a ban was extended to the private sector and civil or criminal penalties applied.