Category: Cyber Security | Published: 2025-07-30
MSPs Under Pressure as Ransomware Attacks Surge
The finding comes from the CyberSmart MSP Survey 2025, which examined the security posture of 900 MSPs across the UK, Europe, Australia, and New Zealand. According to the report, nearly half of those surveyed now maintain a dedicated pot of money in case they are hit by a ransomware attack, a tactic where cybercriminals encrypt a victim’s data and demand a payment for its return.
Counter To Guidance
This approach appears to run counter to guidance from insurers, governments, and law enforcement agencies, which consistently urge organisations not to pay. However, the growing scale and frequency of attacks, often powered by artificial intelligence, appear to be forcing MSPs to adopt a more pragmatic (if controversial) strategy.
_“Organisations shouldn’t rely on ransomware payments; rather, they should partner with organisations that can help proactively secure them,”_ said Jamie Akhtar, CEO and co-founder of CyberSmart.