Stories of organizations crippled by ransomware regularly dominate the IT news headlines, and accounts of six- and seven-figure ransom demands are commonplace. But do the news stories tell the full story?

To understand the reality behind the headlines, Sophos commissioned an independent survey of 5,000 IT managers across 26 countries. The findings provide brand new insight into what actually happens once ransomware hits. It reveals the percentage of attacks that successfully encrypt data; how many victims pay the ransom; how paying the ransom impacts the overall clean-up costs; and the role of cybersecurity insurance. Be prepared to be surprised.