To pay hackers’ ransom demands or to invest in more security?

One third of global business decision makers report that their organization would try to cut costs by paying a ransom demand from a hacker rather than invest in information security.

The findings from the latest Risk:Value report, commissioned by NTT Security, show that a further 16 percent are not sure if they would pay or not, leaving just half of respondents prepared to invest in security and take a less reactive approach to the protection of their organization.

Read more about the findings of NTT Security’s annual Risk:Value report, which surveyed 1,800 C-level executives and other decision makers from non-IT functions in 12 countries across Europe, the US and APAC and from across multiple industry sectors, on Help Net Security.