Ransomware Harms and the Victim Experience

This project examines the impact of ransomware on victims, economies and societies.




lorenzo rossi / Alamy Stock Photo


Ransomware is now a significant national security threat to the UK. It continues to impact the operation and delivery of key public and private services, undermining the economic resilience of the country at a pivotal time. However, its exact effects on the UK economy and society remain unclear, and the scale and harms (e.g., physical, economic, societal impacts) at an organisational and individual level vary. Without a better understanding of the harms created by ransomware, policymakers, researchers and practitioners risk misunderstanding the impact ransomware has on the UK economy, society and its citizens. Designing effective policy responses to the challenges presented by ransomware, particularly around the underreporting of ransomware and victims’ willingness to pay ransoms, requires insight into the impact ransomware has on organisations and the individuals that work for them.

Work on the project is funded by RISCS and UK National Cyber Security Centre's Sociotechnical Security Group.

lorenzo rossi / Alamy Stock Photo

Project team


Jamie MacColl

Senior Research Fellow

Cyber and Tech

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Dr Gareth Mott

Research Fellow

Cyber and Tech

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Dr Pia Hüsch

Research Fellow

Cyber and Tech

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Dr Jason R. C. Nurse

RUSI Associate Fellow, Cyber and Tech

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James Sullivan

Director, Cyber and Tech

Cyber and Tech

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Tom Keatinge

Director, CFS

Centre for Finance and Security

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Jen Ellis

RUSI Associate Fellow, Cyber and Tech

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Sarah Turner, Research Student, Computing, University of Kent

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Keenan Jones, Research Student, Computing, University of Kent

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Ransomware: The Role of Cyber Insurance

The project investigates the relationship between cyber insurance and ransomware.

Aims and objectives

This project aimed to provide significant new insights into the impact of ransomware on the UK economy, society, and its citizens. The project conducted novel research into the harms of ransomware and the experiences of victims who have been affected with the intent of answering the following research questions:

  • What are the harms (e.g., physical, economic, societal, psychological) to organisations and individuals in the UK, and to the UK more broadly, from ransomware incidents?
     
  • How is a ransomware attack experienced by victims, and what factors aggravate or reduce the negative experience(s)?
     
  • What current issues exist with attempts to measure the scale of, and the types of harms caused by, ransomware to the UK economy?

The project combined an extensive literature review, workshops with industry and government stakeholders, and interviews with victims of ransomware. This involved engagements with a diverse global community, law enforcement, policymakers, insurance professionals, cyber security and incident response experts, data breach lawyers and businesses.

Project outputs

The project’s outputs included two RUSI research papers, an academic paper and a series of RUSI commentaries and articles written in external publications.

Research highlights


Insurance as Crime Governance: Comparing Kidnap for Ransom and Ransomware
Cyber Insurance and the Ransomware Challenge
Ransomware: Victim Insights on Harms to Individuals, Organisations and Society
‘Your Data is Stolen and Encrypted’: The Ransomware Victim Experience

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