A third of Irish firms surveyed have paid cyber ransoms, paying out an average of €22,773 each

More than half of the SMEs that paid out ransoms say their sensitive business data was placed on the dark web regardless

Trevor Coyle, CTO of IT and cybersecurity solutions provider Typetec which commissioned the research conducted by Censuswide. File picture

A third of Ireland's SMEs have paid out money to cybercriminals, with the average ransom pay out being €22,773, a new survey has found.

Despite money being paid over, it emerged that two thirds of businesses that paid ransoms still had their sensitive data leaked into the public domain.