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Most Singapore SMBs won’t pay ransomware demands

Most small and midsize businesses (SMBs) in Singapore do not believe in paying off ransomware demands, despite one in six having experienced downtime lasting more than 25 hours during such attacks. Compared to 59 percent globally, 62 percent in Singapore said ransomware demands should never be paid, while the majority of the remaining SMBs here said such demands should be paid only if the encrypted data was of value to the organisation.

Read full news article on ZDNet