The end of ransomware? Report claims the number of firms paying up is plummeting


The number of companies paying ransomware attackers for decryption keys and delete stolen files has plummeted, and now represents just 23% of all victims, new research has claims.

In its report, Coveware said ransom payment rates across all impact scenarios – encryption, data exfiltration, and other extortion – fell to a “historical low” of 23% in Q3 2025. “ This continuation of the long-term downward trend is something all industry participants should take a moment to reflect on: that cyber extortion’s overall success rate is contracting,” the company said.

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Source: TechRadar News


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