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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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Prolific ransomware operator added to Europe’s Most Wanted list as US dangles $10 million rewardNews The US Department of Justice is offering a reward of up to $10 million for information leading to the arrest of Volodymyr Viktorovych Tymoshchuk, an alleged ransomware criminal.
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Jaguar Land Rover “did the right thing” shutting down systems to thwart cyber attackNews The attack on Jaguar Land Rover highlights the growing attractiveness of the automotive sector
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Ransomware attack on IT supplier disrupts hundreds of Swedish municipalitiesNews The attack on IT systems supplier Miljödata has impacted public sector services across the country
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A notorious hacker group is ramping up cloud-based ransomware attacksNews The Storm-0501 threat group is refining its tactics, according to Microsoft, shifting away from traditional endpoint-based attacks and toward cloud-based ransomware.
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Security researchers have just identified what could be the first ‘AI-powered’ ransomware strain – and it uses OpenAI’s gpt-oss-20b modelNews Using OpenAI's gpt-oss:20b model, ‘PromptLock’ generates malicious Lua scripts via the Ollama API.
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Data I/O shuts down systems in wake of ransomware attack
News Regulatory filings by Data I/O suggest the costs of dealing with the attack could be significant
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