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Cactus RANSOMWARE gang hit the Swedish retail and grocery provider Coop

Security Affairs

The Cactus ransomware group claims to have hacked Coop, one of the largest retail and grocery providers in Sweden. Coop is one of the largest retail and grocery providers in Sweden, with approximately 800 stores across the country. The stores are co-owned by 3.5 million members in 29 consumer associations.

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Ransomware attacks on retailers rose 75% in 2021

CSO Magazine

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.

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Are Retailers Shopping for a Cybersecurity Breach?

Thales Cloud Protection & Licensing

Are Retailers Shopping for a Cybersecurity Breach? Retailers started the century as the prime targets for cyber attackers looking for credit card data. Today, unfortunately, retailers are again coming back to the spotlight. Similar to many organizations, 36% of retail respondents cited human error as the leading threat.

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Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity

Thales Cloud Protection & Licensing

Black Friday and Cyber Weekend: Navigating the Tumultuous Waters of Retail Cybersecurity sparsh Tue, 11/21/2023 - 05:01 As global consumers gear up for the much-anticipated shopping bonanza that is Black Friday and Cyber Weekend, retailers brace themselves for the frenzied onslaught of shoppers and the deluge of cyber threats lurking in the shadows.

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BrandPost: Are Retailers Ready for Holiday Season Ransomware?

CSO Magazine

Retail has a ransomware problem. While almost every sector has been plagued by ransomware over this past year– which is malicious software that locks access to systems and encrypts data so that users cannot access it – retail is a particularly hard hit vertical. To read this article in full, please click here

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Chilean-based retail giant Cencosud hit by Egregor Ransomware

Security Affairs

Chilean-based retail giant Cencosud has suffered a ransomware attack that impacted operations at its stores, Egregor ransomware appears to be involved. A ransomware attack, allegedly launched by the Egregor ransomware gang, hit the Chilean-based retail giant Cencosud, the incident impacted operations at its stores. Pierluigi Paganini.

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MY TAKE: Agile cryptography is coming, now that ‘attribute-based encryption’ is ready for prime time

The Last Watchdog

Encryption agility is going to be essential as we move forward with digital transformation. All of the technical innovation cybersecurity vendors are churning out to deal with ever-expanding cyber risks, at the end of the day, come down to protecting encrypted data. Refer: The vital role of basic research.