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Ransomware Payments Fail Half the Time – CyberEdge Group’s Startling Report

Posted on April 17, 2025April 17, 2025 By Martin Hinton No Comments on Ransomware Payments Fail Half the Time – CyberEdge Group’s Startling Report
The CyberEdge Wake-Up Call

If you can’t trust a cybercriminal, who can you trust? The 2025 Cyberthreat Defense Report (CDR) by CyberEdge Group exposes a harsh truth. Victims who make ransomware payments only recover data half the time. That’s right, more than 45% of organizations don’t recover data and walk away empty-handed. Based on a global survey of 1,200 security pros, the 12th annual CDR delivers powerful insights into the state of cybersecurity in 2025.

Only Half Get Data Back: A Ransom with No Return

This year’s headline stat? Just 54.3% of victims who make ransomware payments recover their encrypted data. That’s down from 73% in 2022. Paying no longer guarantees results. CyberEdge CEO Steve Piper said it best, “It’s like handing over a bag of cash and watching the crooks vanish.”

Global Crackdowns and Legal Barriers

International coalitions like the Counter Ransomware Initiative are hitting gangs hard. Over 60 nations now share intelligence and mount cross-border takedowns.

In some places, laws now ban ransom payments to groups tied to terrorism. Cyber insurance isn’t necessarily a remedy as some cyber insurers also refuse to cover many payouts. The message is clear: don’t negotiate with cybercriminals.

CyberEdge Group logo in blue gradient, featuring a circular 'C' icon on the left and the company name in bold text. Used in article about their report on hte effectiveness of ransomware payments.
Fewer Attacks, Bigger Targets: The New Ransomware Math

Ransomware attacks have decreased for the second year in a row. In 2023, 64% of companies were hit. In 2025, that number dropped to 62.6%. But don’t celebrate yet.

Cyber gangs now target larger firms with deeper pockets. The average ransom keeps rising, even as attack frequency falls.

Rise and Fall: Payment Trends vs. Data Recovery

Ransom payments are in decline:

  • 2022: 62.9% of victims paid
  • 2025: 40.7% paid

Yet, fewer payments haven’t brought better recovery odds. Fewer criminals are providing decryption keys or keeping promises.

Investments in AI, Backups, and Resilience

More firms are relying on backups and resilience planning instead of making ransomware payments. AI-driven tools now assist in real-time detection and faster response.

84% of security teams prefer AI-enhanced security solutions. AI is not just a buzzword—it’s a frontline warrior.

Security Posture: Slight Gains, Lingering Worries

While attacks are stabilizing, confidence is shaky. Most companies rate their security posture below ideal levels.

Concerns are highest for:

  • Mobile devices
  • IoT (Internet of Things)
  • ICS (Industrial Control Systems)
Mobile Devices: The New Weak Link

Smartphones and tablets are now prime targets. They store more sensitive data. Threat actors are aware of this and adapt quickly.

Security teams are least confident in their ability to protect mobile endpoints. That’s a red flag.

Top Cybersecurity Concerns in 2025

The usual suspects top the list:

  1. Malware
  2. Phishing
  3. Ransomware
  4. Account takeover

These threats drive the most significant financial losses and brand damage.

AI Arms Race: Friend and Foe

AI is a double-edged sword, like a car; it can be used to get away, or as a police car, to chase. The technology powers threat detection but also fuels attacker innovation. Deepfakes, spear phishing, and evasion tactics are getting AI upgrades.

The battlefield is dynamic. Adaptation is key.

Frameworks Gaining Traction Across Industries

97% of firms now use at least one security framework. Top names include:

  • NIST
  • ISO
  • Cloud Security Alliance

Standardization helps organizations measure, improve, and prove their cybersecurity readiness.

Shortage of Skilled Pros Continues

The cybersecurity talent gap is as wide as ever. The demand for entry-level certification is rising, especially in fast-growing countries.

Automation may ease the pain, but people remain the weakest and strongest link.

Identity Security and MSSPs: Strategic Frontlines

Identity is the new perimeter. 98% of organizations are boosting their identity security.

90% also outsource to Managed Security Service Providers (MSSPs). Popular services include detection, response, and incident handling.

2025 Outlook: Hope, Complexity, and Urgency

While some progress is evident, challenges multiply. Hybrid multi-cloud environments, remote access, and app sprawl increase risks.

CyberEdge’s advice? Stay vigilant, invest wisely, and never stop training your team.

Resilience Over Ransom

The 2025 Cyberthreat Defense Report is a warning and a roadmap. Cybercrime isn’t going away, but neither is progress. If your data matters, don’t pay the crooks. Prepare, prevent, and power up your defenses.

Other News: Should Ransomware Payments Be Banned?(Opens in a new browser tab)

Martin Hinton

Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.

Cyber Insurance, Cybersecurity, Cybersecurity Report, Ransomware Insurance Tags:AI in Cybersecurity, Cyber Risk Management, Cybercrime, CyberEdge Group, cybersecurity frameworks, Cybersecurity Trends, Cyberthreat Defense Report, Data Breach, Data Recovery, Identity Security, IT security, malware, mobile security, MSSPs, phishing, ransom payment, Ransomware, ransomware attacks 2025, ransomware statistics, zero trust

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In the wake of the Harrods hack and cyberattacks impacting other retailers, the alarming state of UK cybersecurity will be revealed in 2024. From cyberattacks hitting major UK retailers like Co-op and Harrods to small businesses struggling without protection, the message is clear—cybercrime is a national threat.

New research by Pen Underwriting reveals that while 90% of UK and Irish businesses feel secure, only 47% have dedicated cyber insurance. Even more shocking—only 18% of businesses earning under £1 million are covered. The cost isn’t just financial—real people suffer, like the couple who lost their wedding cake due to a ransomware attack.

Watch now to understand:

Why UK businesses are dangerously unprepared

How cyberattacks are more common than fires or theft

The key role of employee training, data backups, and multi-factor authentication (MFA)

Why cyber insurance is no longer optional

Visit www.cyberinsurancenews.org for the latest cyber insurance and cybersecurity updates.

#UKCybersecurity #CyberInsurance #SmallBusinessSecurity #CyberCrime
Harrods hack UK Cybersecurity Crisis: Shocking Stats, Real Victims & Business Risks. #cybersecurity
Cyber Insurance Compliance Is Reshaping Security in 2025!

Cyber insurance compliance is no longer optional—it's a driving force behind how companies build and execute cybersecurity strategies. In this video, we break down the latest insights from the 2025 State of Pentesting report:

✅ 59% of U.S. businesses now implement new security tools based on insurer recommendations
✅ 93% of CISOs are guided by mandates from insurance providers
✅ Pentesting isn't just for compliance—it's about proving you're covered and protected
✅ The average enterprise is spending $187,000+ annually on penetration testing

As premiums stabilize, cyber insurance compliance is pushing companies toward proactive, automated, and continuous risk assessment. Learn how to stay ahead, reduce exposure, and align with both regulators and insurers.

💡 Don’t forget to like, subscribe, and hit the bell to stay updated on the latest in cybersecurity and insurance trends!

#CyberInsuranceCompliance #CyberSecurity #PenetrationTesting #CISO #InfoSec #CyberInsurance #RiskManagement #Compliance2025 #EnterpriseSecurity #CyberDefense #TechTrends #InsuranceTech
Cyber Insurance Compliance Is Reshaping Security in 2025 #cyberinsurance
In this video, we break down the massive cyber insurance settlements following the CDK Global ransomware attack that rocked the automotive industry. 🚗💻

Auto giants like Asbury Automotive Group reported up to $10 million in cyber insurance recovery, while AutoNation only recently filed their claim — months after the breach! We explore the financial disclosures, the delayed responses, and what this means for car dealerships, investors, and cybersecurity preparedness.

Learn:
✔️ How cyber insurance is shaping post-breach recovery
✔️ Why SEC filings like 10-Q and 8-K matter
✔️ What lessons other businesses can learn from this
✔️ The real cost of a ransomware attack in automotive retail

🔔 Subscribe for more deep dives into cybersecurity, tech, and industry trends!
#cyberinsurance #CDKGlobal #RansomwareAttack #AutoIndustry #CyberSecurityNews
$10M Cyber Insurance Payout: CDK Ransomware Fallout Hits Auto Giants | #cyberinsurance
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