This Sophos report on the state of #ransomware in the retail industry is quite eye-opening. The fact that only 26% of retail organizations were able to stop a ransomware #attack before their data was #encrypted is alarming. This means that the majority of these attacks resulted in the #encryption of sensitive #data, which can lead to costly recovery efforts and disruption to the business. The report also found that the cost of recovery is four times higher for those who pay the #ransom, which highlights the importance of having a robust #security plan in place. Retailers need to be more proactive in their approach to #cybersecurity in order to protect themselves from these #attacks.

https://assets.sophos.com/X24WTUEQ/at/8pk52b69k33sbbb5xqxt86fw/sophos-state-of-ransomware-retail-2023-wp.pdf