Between November 1, 2023, and October 31, 2024, ransomware attacks on the retail trade sector surged by 111%, with 379 companies appearing on ransomware data-leak sites. This is likely driven by attackers exploiting the sector’s high transaction volumes, vast data stores, and the growing trend of paying ransoms to prevent operational outages.
The most prevalent attack types targeting the sector, which we’ll explore further in the report, include:
– Spearphishing
– Exploiting public-facing application
– External remote services
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