Hidden Costs Of Ransomware: ANZ Businesses Admit To Paying Despite ‘No Payment’ Policies

A Commvault report reveals that 15% of ANZ businesses with "no payment" ransomware policies still pay attackers. This contradiction arises from operational pressures and reputational fears, despite 70% having incident response plans. Inadequate testing leaves organizations vulnerable. Paying ransoms increases the risk of future attacks. Commvault advises proactive resilience planning over reactive responses.