---
title: 80% of Ransomware Victims Pay Up, But Many Don't Get Their Data Back
description: Discover why 80% of businesses pay ransomware demands and the risks involved, as cyber insurance soars to meet rising threats.
canonical_url: https://codekeeper.co/ticker/ransomware-attacks-businesses-pay-ransom
---

# 80% of Ransomware Victims Pay Up, But Many Don't Get Their Data Back

Discover why 80% of businesses pay ransomware demands and the risks involved, as cyber insurance soars to meet rising threats.

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By Content Team Sep 30, 2025

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A new report from insurer Hiscox reveals that 80% of companies hit by ransomware attacks pay the ransom, but only 60% successfully recover their data. The study surveyed 5,750 small and medium businesses, finding 27% were targeted in the past year. Recent high-profile victims include Marks and Spencer, Co-op, and Jaguar Land Rover. JLR received a £1.5bn government loan guarantee after a month-long factory shutdown, with production losses estimated at £200m. M&S faces at least £300m in damages from an April attack. Nearly a third of companies that paid ransoms faced additional demands for more money. The cyber insurance market, worth £521m last year, is expected to reach £2.4bn by 2033 as businesses seek protection. **Source:** [Sky News](https://news.sky.com/story/cyber-attacks-80-of-ransomware-victims-pay-up-insurer-says-13441131)

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