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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
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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SMB Cyber Threats - In this episode of the Cyber Insurance News Podcast, host Martin Hinton talks with Dan Candee, CEO of Cork Protection, about the rising tide of cyber threats targeting small and mid-sized businesses (SMBs). Dan shares his journey from Main Street entrepreneur to cybersecurity leader, offering real-world insight into the threat landscape, financial vulnerabilities, and how AI and managed service providers (MSPs) can help fortify business resilience.

We explore:
• Why Main Street is more vulnerable than Wall Street
• Common SMB cybersecurity blind spots (like ACH fraud)
• The evolving role of managed service providers
• How Cork Protection blends cybersecurity and cyber insurance
• Real-world attack case studies and practical advice for SMBs

Whether you’re a small business owner, MSP, or cyber pro, this episode unpacks how to prepare, prevent, and protect your organization in today’s digital world.

📌 Topics: cybersecurity, cyber insurance, social engineering, SMB protection, ransomware, AI in security, MSPs

🎙 Guest: Dan Candee, CEO of Cork Protection
📢 Host: Martin Hinton, Executive Editor, Cyber Insurance News

👉 Don’t forget to like, comment, and subscribe for more insights on cyber insurance and digital defense!

#CyberSecurity #CyberInsurance #SMB #AI #CyberPodcast #BusinessResilience #smallbusiness #sme
00:00 Introduction - Dan Candee and Cork Protection
02:27 The Importance of Cybersecurity for Small Businesses
05:29 Understanding Cyber Threats and Their Impact
08:26 The Role of Managed Service Providers in Cybersecurity
11:24 24Financial Protection and Cyber Insurance Solutions
14:01 Leveraging AI in Cybersecurity
16:53 Navigating Cyber Insurance Policies
19:56 Empowering Small Businesses with Knowledge
21:52 The Future of Cybersecurity and Community Resilience
26:05 MSP/ MSSP The Lingo decoded
29:05 Finals Thoughts and a bit of Hope!
SMBs Are Cyber Targets | Dan Candee on Cyber Resilience & AI | Cyber Insurance News Podcast EP#6
Cyberattack on Small Business is on the rise—and AI is making it worse. In this episode of the Cyber Insurance News Podcast, host Martin Hinton sits down with William Altman of CyberCube to unpack how AI is enabling threat actors to more efficiently target and exploit small businesses.

🔐 From credential stuffing to brute force attacks, William explains how cybercriminals use AI to bypass login portals and MFA solutions—putting millions of small business owners at risk.

🎙️ Timestamps:
0:00 - Introduction
6:26 - William Altman on AI and threat actors
6:50 - Credential stuffing, brute force & reused credentials
10:00 - What small businesses can do right now
14:20 - The future of AI in cybercrime

🎧 Don’t miss this crucial update on the cybersecurity landscape for small businesses. Subscribe and stay informed.

#cyberattack #smallbusiness #AI #cybersecurity #CyberCube
Cyberattack on Small Business: How AI Supercharges Cyber Threats | William Altman @CyberCube"
AI and Cyber Threats! In this eye-opening clip from the most recent episode of the Cyber Insurance News & Information Podcast, William Altman of CyberCube explains how artificial intelligence (AI) is not yet redefining the cyber threat landscape—but it’s coming.

🔍 Learn how AI may accelerate ransomware tactics, why smaller businesses are most vulnerable.

Altman also warns about the unpredictable rise of Artificial Intelligence and urges listeners to prepare for an uncertain cyber risk landscape.

🎧 Full Episode: https://youtu.be/TbHxosvWhiU?si=E4e9vpazIKd3fm5d
💡 Don’t miss this must-watch insight for cybersecurity, insurance, and risk professionals.
Cyber Threats & AI: What You Must Know – nsights from William Altman | CyberCube #cybersecurity
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