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Ransomware: retail costs are exploding
Ransomware: Exploding Retail Costs - Image by SK on Pixabay

Cybercrime is one of the biggest risks for companies in all industries. Nevertheless, attack rates and the resulting damage to companies vary depending on the industry sector. In its global study, State of Ransomware, cybersecurity company Sophos clarified how the cyber threat of ransomware in retail has evolved. The rate of ransomware attacks in retail has dropped from 77% in 2022 to 69% in 2023. This is an encouraging drop. But the fact that over two-thirds of retail businesses were still infected by ransomware in the last year…

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