Sophos: Ransomware is crippling retail organizations

In Data Breach News, Malware Ransomware, News
November 22, 2023
Sophos: Ransomware is crippling retail organizations
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Seen on Back End News:

Retail organizations faced a growing threat from ransomware attacks, with fewer managing to stop the encryption of their data. Sophos, a cybersecurity leader, revealed that only a quarter of retailers prevented data encryption during attacks in the last year, marking a decline from previous years. 

This trend indicated a struggle to intercept ongoing ransomware assaults.

“Retailers are losing ground in the battle against ransomware,” said Chester Wisniewski, director, global field CTO, Sophos. “Ransomware criminals have been encrypting increasingly greater percentages of their retail victims in the last three years, as evidenced by the steadily declining rate of retailers stopping cybercriminal attacks in progress. Retailers must up their defensive game by setting up security that detects and responds to intrusions earlier in the attack chain.” 

Read more at Back End News.