New Delhi, July 2 -- Indian companies paid a median payment of USD 481,636 (over Rs 4 crore), spending an average of USD 1.01 million on recovery, highlighting the broader financial toll of ransomware cyber attacks, says a report by UK-based global security solution firm Sophos.

It stated that the median ransom demand fell by 52 per cent, from USD 2 million to USD 961,289, while the median payment dropped even more sharply by 79 per cent.

The report said that about 41 per cent of Indian organisations paid less than the original demand, nearly half paid the full amount, and 12 per cent paid even more, underscoring the unpredictable outcomes many face during ransomware incidents.

The report, whose findings are based on a survey, claimed ...