Over 200 Japanese firms paid ransomware attackers, 60% fail to recover data

At least 222 Japanese companies have paid ransomware attackers in the past, yet about 60 percent of them still failed to recover their data, according to a recent survey.Of 1,107 firms that responded to a January survey by the Japan Institute for Promotion of Digital Economy and Community, 507 reported being hit by ransomware attacks, in which hackers block access to data and demand payment to restore it.Of companies that paid the attackers, 83 were able to restore their systems and data, while 139 were not. Conversely, 141 firms reported being hit by ransomware attacks but restoring their …READ FULL ARTICLE