Ransomware attacks have been a reality for organisations of all sizes for quite some time. In recent months, however, the volume and sophistication of attacks, as well as the consequences, have been ratcheting up.
Companies that fall victim find themselves in an impossible situation. No one wants to pay—preventing ransomware altogether is the goal—but many feel they have no choice. Even worse, there are no guarantees. In recent research from Mimecast, 61% of respondents to an annual State of Email Security 2021 survey said they had experienced a ransomware attack in the last 12 months. Of those respondents, 52% paid the ransomware, but over a third never recovered their data.
JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.
