Ransomware payments decreased 35% year-over-year, with approximately $813.55 million in payments in 2024, down from $1.25 billion in 2023.

LockBit saw 2024 H2 payments decrease by approximately 79% due to law enforcement collaboration.

Incident response data indicates around 30% of negotiations lead to payments.

71% of of financial sector respondents reported zero-day attacks as the key concern for safeguarding applications and APIs.

43% of financial sector respondents cited dwell time as a key concern.

61% of financial sector respondents consider their WAFs to be effective.

Over half of financial institutions experienced a supply chain attack.

72% of non-regretful software buyers listed 1-4 possible software vendors on their initial list, compared to 59% of regretful buyers. Around 54% of non-regretful U.K. buyers listed as few as 1-3 options.

48% of successful software buyers use customer testimonials.

70% of U.K. buyers with no regrets in buying software are more likely to trust review and comparison sites over vendor sites for gauging customer satisfaction, compared to 30% of regretful buyers.

Only 17% of non-regretful software buyers always stick with an option from their original selection of choices, compared with 22% of regretful buyers.

60% of buyers with no software purchasing regrets say their choices from the initial to the final list change slightly.

74% of respondents said that cybersecurity investment would be more important in 2025 than it had been in 2024.

52% said cloud will be one of their top three areas of investment for this year.

Global cloud spending is predicted to reach $1.6 trillion by 2028 at a five-year compound annual growth rate of 19.5%.

90% of respondents expect their IT costs to rise due to GenAI and modern application implementation.

70% of organisations expect to make a return on their investment from GenAI projects over the next two to three years.

Nearly 90% of organisations report that at least some of their applications are now containerised.

95% of respondents agree that GenAI is changing their organisation’s priorities, with security and privacy being a primary concern.

Over 90% of organisations say data privacy is a priority for their organisation when implementing GenAI solutions.