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

A survey found that at least 222 Japanese companies paid ransom demands but roughly 60% still failed to recover their data. Of 1,107 respondents, 507 reported ransomware attacks, and experts warn that paying ransoms does not guarantee recovery while urging updated security and regular backups. #JapanInstituteForPromotionOfDigitalEconomyAndCommunity #Proofpoint

Keypoints

At least 222 Japanese companies paid ransoms, and about 60% of those did not recover their data.
Of 1,107 firms surveyed, 507 reported experiencing ransomware attacks.
Among firms that paid, 83 restored data while 139 did not; 141 firms recovered without paying.
About half of affected companies reported losses of ¥1 million to under ¥50 million; 4.3% reported losses of ¥1 billion or more.
Experts advise against paying ransoms and recommend keeping security software updated and backing up data regularly.