The state of ransomware in retail 2021
Insights into the current state of ransomware in the retail sector
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Along with the education sector, retail was the biggest industry affected by ransomware during 2020. As some retailers began trading online for the first time during the pandemic, and others saw an increase in their web traffic and online purchases, cyber criminals took advantage of the opportunities presented to them.
Managing this increase in security challenges, with many retailers still using legacy security systems, meant IT team’s cybersecurity workload increased by over 70%; also increasing their security knowledge and skills in the meantime.
Download this report and discover insights into the prevalence of ransomware within the retail sector, the associated costs and how retailers can be ready to face future threats.
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Ransomware cartels are fragmenting into volatile splinter groups, warns Met Police cyber chiefNews Commoditized "cyber crime bazaars" and AI data mining are forcing law enforcement to rewrite its playbook
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New ransomware threat group, The Gentlemen, has become one of the most active ransomware operators, accounting for 10% of all attacksNews NTT researchers warn that the RaaS group is leveraging SystemBC malware to establish covert tunnelling, evade detection, and support rapid lateral movement across enterprise environments
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Instructure chose to a pay ransom following the Canvas cyber attack – research shows more than half of security leaders would follow suitAnalysis Opting to pay ransoms creates huge risks for enterprises – you’re relying on the word of criminals
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Ransomware negotiator sentenced for role in major cyber crime groupNews Deniss Zolotarjovs was a key player in a group associated with Conti
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North Korean hackers are duping freelance developers with fake interviews to steal cryptocurrency and deliver malware — Sophos warns the 'Nickel Alley' group is using LinkedIn, Upwork, and Fiverr to target victimsNews A fake interview process uses coding tests and repo downloads to deliver malware
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Threat actors ditch ‘spray and pray’ attacks in shift to targeted exploitationNews A dip in ransomware volumes points to a more targeted approach focused on vulnerability exploitation
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Security leaders overconfident about ransomware recoveryNews Few manage to recover all their data, and many experience business disruption
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German authorities want your help finding the hackers behind GandCrab and REvilNews Daniil Maksimovich Shchukin and Anatoly Sergeevitsch Kravchuk are believed to have made millions from ransomware as a service schemes


