Cybersecurity as a Service

Retailers are appealing targets for ransomware attacks for various reasons. They handle tremendous amounts of money and consumer data, and, like organizations in other sectors, likely have employees lacking cybersecurity training. According to Sophos’ State of Ransomware in Retail 2023 report, over two-thirds of retail organizations were hit by ransomware in the last year, and almost three-quarters of attacks resulted in their data being encrypted.

Retailers are appealing targets for ransomware attacks for various reasons. They handle tremendous amounts of money and consumer data, and, like organizations in other sectors, likely have employees lacking cybersecurity training. According to Sophos’ State of Ransomware in Retail 2023 report, over two-thirds of retail organizations were hit by ransomware in the last year, and almost three-quarters of attacks resulted in their data being encrypted.

Retailers are appealing targets for ransomware attacks for various reasons. They handle tremendous amounts of money and consumer data, and, like organizations in other sectors, likely have employees lacking cybersecurity training. According to Sophos’ State of Ransomware in Retail 2023 report, over two-thirds of retail organizations were hit by ransomware in the last year, and almost three-quarters of attacks resulted in their data being encrypted.

The healthcare industry handles large amounts of sensitive patient data, making it a prime target for cyberattacks. Successful encryptions are up despite attacks being down. The recently published Sophos State of Ransomware in Healthcare 2023 report delves into the frequency of attacks, identifying their root causes and showing the costs associated with data recovery.