86 of businesses refused to pay cyber ransoms in 2025 The Actuary

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ppInitial ransom demands by cyber attackers surged by 47 last year but record numbers of businesses declined to pay up according to a specialist insurance provider ppCoalitions 2026 cyber claims report has revealed that while ransomware actors increased their demands substantially in 2025 86 of businesses refused to pay suggesting that they have improved their cyber resilience with viable data backups and incident response plans ppThe study based on more than 100000 policyholders across the US Canada the UK Australia and Germany found that ransomware was the costliest type of attack with an average loss of 202000 and that business email compromise and funds transfer fraud accounted for 58 of incidents Dual extortion ransomware accounted for 70 of ransomware claims ppThe data suggests a turning point in the economics of ransomware while threat actors escalate their demands to push for higher sevenfigure payouts cyber insurer support is helping businesses limit losses and is starting to help tip the scales back in favour of defenders said Coalitions global head of claims Rob Jonespp
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