Retailers are fast becoming the favorite targets for ransomware criminals, with two out of three companies in the sector being attacked last year, according to a new report from cybersecurity firm Sophos. Attackers were able to successfully encrypt files in more than half of the attacks.
Of 422 retail IT professionals surveyed internationally, 77% said their organizations were hit by ransomware attacks in 2021. This is a 75% rise from 2020, the Sophos report noted.
“Retailers continue to suffer one of the highest rates of ransomware attacks of any industry. With more than three in four suffering an attack in 2021, it certainly brings a ransomware incident into the category of when, not if,” said Chester Wisniewski, principal research scientist at Sophos, in a statement accompanying the report.
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