Nearly half of MSPs admit to having a ransomware kitty
Briefly

Research indicates that 45% of Managed Service Providers (MSPs) maintain dedicated funds for paying ransomware demands, prioritizing this approach over preventive measures suggested by insurers. The report highlighted the lack of defined guidance on ransomware payments, leading to uncertainty among MSPs and their clients. While 36% of MSPs protect themselves through cyber insurance, 11% do not have any ransomware-focused budget or insurance. AI has emerged as a top concern, with 44% of MSPs worried about its implications for cybersecurity in 2025, including the use of AI in phishing and malware attacks.
Nearly half (45%) of MSPs maintain a dedicated pool of money for paying ransomware demands, prioritizing ransom payment over proactive strategies recommended by insurers.
Concerns about AI have surged among MSPs, with 44% citing it as their top concern for 2025, indicating the technology's growing role in cybersecurity risks.
Read at ChannelPro
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