Although the amounts paid by UK ransomware victims continued to rise in 2024, extortion negotiations involving ransomware experts remained generally effective, often resulting in reductions of over 60% from the initial demands to the final payment.
Although the amounts paid by UK ransomware victims continued to rise in 2024, extortion negotiations involving ransomware experts remained generally effective, often resulting in reductions of over 60% from the initial demands to the final payment. — This cybersecurity statistic was published by Marsh in May 2025. It covers topics including Cyber insurance, UK. The original data appears in UK Cyber Insurance Claims Trend Report 2024. For the full methodology and detailed findings, refer to the original report.
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What does this statistic say?
Although the amounts paid by UK ransomware victims continued to rise in 2024, extortion negotiations involving ransomware experts remained generally effective, often resulting in reductions of over 60% from the initial demands to the final payment. This data was published by Marsh and covers Cyber insurance, UK.
Where does this data come from?
This statistic comes from UK Cyber Insurance Claims Trend Report 2024, published by Marsh on May 7, 2025. You can view the original report at https://www.marsh.com/en-gb/services/cyber-risk/insights/uk-cyber-insurance-claims-trends-report-2024.html.
What cybersecurity topics does this cover?
This statistic relates to Cyber insurance, UK. Browse more statistics on Cyber insurance or from Marsh.