THE report by Alex Scroxton highlights businesses in the UK underreporting ransomware attacks due to fear of stigma and reputational damage. The City of London Police revealed 323 reported ransomware incidents between April 2025 and March 2026, with over 50% affecting small and medium enterprises (SMEs), resulting in financial losses totaling £270,000.
ESET's Jack Moore emphasized that unreported incidents hinder understanding and combating ransomware groups, advocating for knowledge sharing to enhance protection against future attacks.