Ransomware: The Nightmare Before Cyber Monday

The number of ransomware attacks on enterprises is up 500% from this time last year. Threat actors are becoming increasingly sophisticated and targeted. Ransomware is a business, and these actors want to get paid. 

Researcher Madeline Cyr interviewed me to help retailers understand the threat of ransomware for the upcoming holiday retail season. 

How would a ransomware attack affect a retailer if it hit during Black Friday or Cyber Monday? 

Besides the fact that I always seems to find myself in a jewelry store on December 24th, I use Black Friday weekend and Cyber Monday to shop for deals. If a retailer were hit with a ransomware attack during this time period, I might not be able to access those deals during the time I am doing the most shopping. There is a chance I would wait for a website to come back online, but then again, I’m not that organized so I’m probably going to end up on a competitor’s website to buy the item. 

Do you think we will see an increase in ransomware attacks on retailers this holiday season?  Read On:

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