BleepingComputer reports that Fourlis Group, which operates IKEA stores in Greece, Bulgaria, Romania, and Cyprus, has lost $22.8 million in sales following a ransomware attack just two days before Black Friday, which disrupted store and e-commerce operations between December and February.
Most of the financial losses experienced by the retail group which also manages Foot Locker, Holland & Barrett, and Intersport in Greece and the Balkans as a result of the attack that has not yet been claimed by any ransomware operation were recorded in December, according to Fourlis Group CEO Dimitris Valachis, who emphasized that the firm did not pay the ransom demanded by its attackers. Investigation into the incident also revealed that no data had been compromised. "The temporary unavailability of some data affected by the incident was restored almost immediately, while the technical report (forensic) did not prove the leakage of personal data," said Fourlis Group in a statement.
Most of the financial losses experienced by the retail group which also manages Foot Locker, Holland & Barrett, and Intersport in Greece and the Balkans as a result of the attack that has not yet been claimed by any ransomware operation were recorded in December, according to Fourlis Group CEO Dimitris Valachis, who emphasized that the firm did not pay the ransom demanded by its attackers. Investigation into the incident also revealed that no data had been compromised. "The temporary unavailability of some data affected by the incident was restored almost immediately, while the technical report (forensic) did not prove the leakage of personal data," said Fourlis Group in a statement.
