{"id":104793,"date":"2025-07-21T08:07:19","date_gmt":"2025-07-21T08:07:19","guid":{"rendered":"https:\/\/expleo.com\/global\/en\/?post_type=insights&#038;p=104793"},"modified":"2025-07-21T08:40:24","modified_gmt":"2025-07-21T08:40:24","slug":"enterprise-ireland-paid-683k-cyber-ransoms","status":"publish","type":"insights","link":"https:\/\/expleo.com\/global\/en\/insights\/news\/enterprise-ireland-paid-683k-cyber-ransoms\/","title":{"rendered":"Average large enterprise in Ireland paid \u20ac683K in cyber ransoms in 2024"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"104793\" class=\"elementor elementor-104793\" data-elementor-post-type=\"insights\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3b5bb28 gg-article-content gg-standard-article-template gg-simple-text gg-container-tiny elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3b5bb28\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-30f7633\" data-id=\"30f7633\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c39d5a0 elementor-widget elementor-widget-text-editor\" data-id=\"c39d5a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><em>Survey of business and IT leaders in organisations in Ireland with 250+ employees reveals 29% paid ransoms last year<\/em><\/li><li><em>One in five large organisations (22%) have reserved a budget for future ransoms, averaging \u20ac2.7M each<\/em><\/li><li><em>63% believe a state-sponsored cyber-attack is more of a risk to their business now than it was a year ago<\/em><\/li><li><em>Half of large organisations fell victim to a whaling cyber-attack last year, while 41% suffered an AI-powered breach<\/em><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9af29aa elementor-widget elementor-widget-text-editor\" data-id=\"9af29aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Dublin \u2013 17 July 2025, <\/strong><a href=\"https:\/\/expleo.com\/global\/en\/\">Expleo<\/a>, the global technology, engineering and consulting service provider, today announces new survey results, revealing that the average large enterprise in Ireland paid \u20ac683K in cyber ransoms last year.<\/p><p>Expleo surveyed 200 business and IT decision-makers in Ireland, in enterprises with 250+ employees, as part of its <a href=\"https:\/\/expleo.com\/global\/en\/insights\/whitepapers\/bti-2025-report\/?utm_source=media_release&amp;utm_medium=pr_comms&amp;utm_campaign=beltm2025_bti_ire_prm&amp;utm_content=report_launch\">Business Transformation Index 2025<\/a> report. The research aims to explore the key challenges facing businesses in 2025, including cybersecurity. It found that 29% of large organisations in Ireland paid at least one cybersecurity ransom in the last 12 months.<\/p><p>The research shows that large enterprises are living in fear of cyber-crime, with 24% admitting that they expect to fall victim to an attack in the coming year. Alarmingly, there are also growing fears about state-sponsored attacks, with 63% saying state-sponsored cyberterrorism is more of a risk to their business than it was a year ago.<\/p><p>These fears have made paying a ransom something that many are now preparing for, with over one in five (22%) of large businesses setting aside budget for the payment of ransoms, averaging \u20ac2.7M each.<\/p><p>Large enterprises are also preparing to invest in bolstering their defences, particularly in response to the proliferation of Artificial Intelligence (AI) in cyber-criminal activity. Almost one third (30%) will increase their investment in cybersecurity in direct response to a surge in AI-driven attacks. However, this is a smaller proportion than the 41% of large enterprises who fell victim to an AI-powered cyber-attack in the last 12 months.<\/p><p>The most common successful method of attack is \u2018whaling,\u2019 which sees cyber-criminals specifically targeting senior executives, who often have access to valuable financial and sensitive information. Exactly half of respondents said that a whaling attempt had resulted in a breach in their organisation in the last 12 months, while 85% said there had been at least one attempt.<\/p><p>Although businesses are continuing to direct resources towards cybersecurity, 22% admit to having outdated processes and technologies and a further 17% say they are not investing enough.<\/p><p><strong>Phil Codd, Managing Director<\/strong> <strong>for Ireland, Expleo, said:<\/strong> <em>\u201cRansom demands are no longer just a threat &#8211; they are now a mainstay of cybersecurity strategies for organisations. The fallout from a cyber-attack can be devastating for businesses, resulting in severe financial losses, compromised data, and reputational damage that can jeopardise long-term stability. Mitigating the risk is a constant task that must be undertaken.<\/em><\/p><p><em>\u201cRegardless of an enterprise\u2019s position on ransom payments, each one of them must focus on a whole-organisation approach to prevention. This requires investing in continuous employee training and education, putting the right systems in place and maintaining constant vigilance through regular monitoring and audits. Whether it\u2019s an AI attack or not, cyber-crime, at its core, is about people and there is a real-life fallout from every attack. As businesses continue to digitally transform, they must ensure they put people at the centre. Working with the right partners and doing everything they can to protect their people and customers is paramount in today\u2019s business environment.&#8221;<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50da4ce elementor-widget elementor-widget-heading\" data-id=\"50da4ce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">About the Business Transformation Index<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-128976c elementor-widget elementor-widget-text-editor\" data-id=\"128976c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Business Transformation Index report is the go-to resource for senior decision-makers in Ireland\u2019s enterprises to assess the current digital landscape, benchmark themselves against others and learn how to navigate the road ahead.<\/p><p>This year\u2019s research was conducted by Censuswide, among a sample of 200 respondents in Ireland; 50% business decision-makers and 50% IT decision-makers in organisations with 250+ employees. Censuswide abides by and employs members of the Market Research Society and follows the MRS code of conduct and ESOMAR principles. Censuswide is also a member of the British Polling Council.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b829bfb elementor-widget elementor-widget-spacer\" data-id=\"b829bfb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2cf38f90 gg-image-with-overalpping-text gg-image-with-overalpping-text-v2 gg-container-large elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2cf38f90\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2934f0cf\" data-id=\"2934f0cf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3bb1a761 gg-image-with-overalpping-text__tagline gg-font-v33 elementor-widget elementor-widget-heading\" data-id=\"3bb1a761\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/expleo.com\/global\/en\/insights\/whitepapers\/bti-2025-report\/\">BUSINESS TRANSFORMATION INDEX REPORT 2025<\/a><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d3b0768 elementor-widget elementor-widget-text-editor\" data-id=\"4d3b0768\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In a world reshaped by AI and global uncertainty, discover how Ireland\u2019s leading organisations are building resilience.<\/p><p>Define your success in 2025. Start with the BTI Report.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7fb0e99 elementor-align-left gg-button-v8 elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"7fb0e99\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/expleo.com\/global\/en\/insights\/whitepapers\/bti-2025-report\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">DOWNLOAD THE REPORT<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Survey of business and IT leaders in organisations in Ireland with 250+ employees reveals 29% paid ransoms last year One in five large organisations (22%) have reserved a budget for future ransoms, averaging \u20ac2.7M each 63% believe a state-sponsored cyber-attack is more of a risk to their business now than it was a year ago [&hellip;]<\/p>\n","protected":false},"author":81,"featured_media":104794,"parent":0,"template":"","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","_angie_page":false,"footnotes":""},"topic":[144,212],"insights-single-templates":[],"industry-taxonomy":[265],"content-type":[22],"country":[141,119],"service":[358,48,83],"class_list":["post-104793","insights","type-insights","status-publish","has-post-thumbnail","hentry","topic-business-transformation","topic-data-science-and-cybersecurity","industry-taxonomy-aall-industries","content-type-news","country-global","country-ireland","service-ai-powered-software-quality","service-big-data-analytics-ai-and-advanced-algorithms","service-transformation-consultancy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Expleo | Large enterprise in Ireland paid \u20ac683K in cyber 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