Blog | G5 Cyber Security

Ransomware: IT Services Firm Faces $60 Million Recovery

Sopra Steria, one of the largest IT services and consulting groups in Europe, suffered a Ryuk ransomware attack in October. The French IT services firm says it expects that the attack will have a gross negative impact on its operating margins of between $47 million and $59 million. The firm did not immediately respond to a request for comment about whether it paid any ransom to its attackers. Experts say the cybercrime gang behind Ryuk continually refines and updates the crypto-locking malware to better try and evade security defenses.”]

Source: https://www.cuinfosecurity.com/ransomware-services-firm-faces-60-million-recovery-a-15465

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