TechNews
Only 26% of Surveyed Organizations Stopped Data Encryption by Cybercriminals – Sophos
Retail organizations attacked by ransomware increasingly unable to halt an attack in progress, Sophos Survey Finds, writes SANDRA ANI


- This Is the Lowest Rate of Disruption in 3 Years
Sophos, a global leader in innovating and delivering cybersecurity as a service, today shared findings from its sector survey report, “The State of Ransomware in Retail 2023,” which found that only 26% of retail organizations this past year were able to disrupt a ransomware attack before their data was encrypted.
Sophos, a global leader in innovating and delivering cybersecurity as a service, today shared findings from its sector survey report, “The State of Ransomware in Retail 2023,” which found that only 26% of retail organizations this past year were able to disrupt a ransomware attack before their data was encrypted.
This is a three-year low for the sector—a decline from 34% in 2021 and 28% in 2022—suggesting the sector is increasingly unable to halt ransomware attacks already in progress.
“Retailers are losing ground in the battle against ransomware. Ransomware criminals have been encrypting increasingly greater percentages of their retail victims in the last three years, as evidenced by the steadily declining rate of retailers stopping cybercriminal attacks in progress. Retailers must up their defensive game by setting up security that detects and responds to intrusions earlier in the attack chain,” said Chester Wisniewski, director, global field CTO, Sophos.
In addition, the report found that, for those retail organizations that paid the ransom, their median recovery costs (not including the ransom payment) were four times the recovery costs of those that used backups to recover their data ($3,000,000 versus $750,000).
“Forty-three percent of retail victims paid the ransom according to our survey respondents, yet the median recovery cost to victims who paid the ransom was four times the cost to those who used backups and other recovery methods. There are no shortcuts in these situations and rebuilding systems is almost always required. It’s better to deprive the criminals of their spoils and build back better,” said Wisniewski.
Additional key findings from the report include:
- In line with a broader, cross-sector trend, the retail sector experienced its highest rate of encryption over the past three years, with 71% of those organizations targeted by ransomware stating that attackers successfully encrypted their data
- The percentage of retail organizations attacked by ransomware declined from 77% last year to 69% this year
- The percentage of retail organizations that recovered in less than a day decreased from 15% to 9% this year, while the percentage of retail organizations that took more than a month to recover increased from 17% to 21%
Sophos recommends the following best practices to help defend against ransomware and other cyberattacks:
- Strengthen defensive shields with:
- Security tools that defend against the most common attack vectors, including endpoint protection with strong anti-ransomware and anti-exploit capabilities
- Zero Trust Network Access (ZTNA) to thwart the abuse of compromised credentials
- Adaptive technologies that respond automatically to attacks, disrupting adversaries and buying defenders time to respond
- 24/7 threat detection, investigation and response, whether delivered in-house or by a specialized Managed Detection and Response (MDR) provider
- Optimize attack preparation, including regularly backing up, practicing recovering data from backups and maintaining an up-to-date incident response plan
- Maintain security hygiene, including timely patching and regularly reviewing security tool configurations
To learn more about the State of Ransomware in Retail 2023, download the full report from Sophos.com.
The State of Ransomware 2023 survey polled 3,000 IT/cybersecurity leaders in organizations with between 100 and 5,000 employees, including 355 from the retail sector, across 14 countries in the Americas, EMEA and Asia Pacific.


“We want Anambra to be known as a destination for innovation, the next Startup State, home for digital Talents, the home of the smart digital tribe”
Ms Chinwe Okoli, the Special Adviser to the Governor of Anambra State on Innovation and Business Incubation addressed the global innovation ecosystem leaders at the 40th IASP World Conference on Science Parks and Areas of Innovation took place at the European Convention Centre, Luxembourg.


The conference with the theme, “𝐌𝐞𝐠𝐚𝐭𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐄𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦𝐬: 𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐢𝐦𝐩𝐚𝐜𝐭𝐬 𝐟𝐨𝐫 𝐒𝐓𝐏𝐬 & 𝐀𝐎𝐈𝐬?” was an exceptional gathering of global innovation stakeholders from over 55 countries. The three-day conference presented an opportunity for the best innovation districts, science parks and areas of innovation in the world to connect and exchange best practices.
Solution Innovation District, Anambra State was prominent in the conference as Ms Okoli addressed the conference on the topic: “𝐇𝐚𝐫𝐧𝐞𝐬𝐬𝐢𝐧𝐠 𝐭𝐡𝐞 𝐔𝐧𝐭𝐚𝐩𝐩𝐞𝐝 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐨𝐟 𝐀𝐧𝐚𝐦𝐛𝐫𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐓𝐫𝐢𝐛𝐞: 𝐀 𝐂𝐚𝐬𝐞 𝐟𝐨𝐫 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐢𝐧𝐠 𝐂𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬.”
She shared the transformative power of the Anambra State Government’s innovation program and highlighted the aspirations of Professor Charles Chukwuma Soludo, the Governor, and efforts in nurturing a robust innovation ecosystem in the State to unlock new opportunities and drive technological progress towards making Anambra the digital and creative capital of Nigeria.
Solution Innovation District (SID) is driven by the Anambra State Government, dedicated to fostering the growth of technology, innovation and entrepreneurship ecosystem.
Ms Okoli restated the commitment of the administration of Governor Soludo towards building the one -of -a kind district in Anambra State, stated the key and ambitious goals of grooming one million Anambra Digital Tribe, startups and digital entrepreneurs and in the end, she called for global partnership.
“Our Mantra in Anambra State is Everything Technology and Technology Everywhere
“At SID, we are activating and developing a dynamic and inclusive ecosystem of the future, Our focus is that in a very short time, Anambra becomes the go-to place for the supply of skills/talents on deep technology -Artificial Intelligence, cybersecurity, robotics, blockchain, Data science, Software Engineering, IoT, Cloud Computing etc.
“Let’s impact the world from the light of the nation, in the biggest country in Africa, let’s do digital magic with the Anambra Digital Tribe”.


IASP, the International Association of Science Parks and Areas of Innovation, is the leading association of innovation ecosystems worldwide.
This organization actively unites and empowers a network of managers overseeing areas of innovation, science parks, research parks, innovation districts, knowledge cities, and various other innovation spaces. It’s the driving force behind the exchange of cutting-edge knowledge and best practices, propelling innovation on a global scale.
TechNews
Sophos Launches Wi-Fi 6 Access Points
Sophos supports shift to hybrid environments with new generation of remotely managed, reports SANDRA ANI


Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced the Sophos AP6 Series to support the shift to hybrid environments with a new generation of remotely managed Wi-Fi 6 access points.
The new offering adds another component to Sophos’ secure access portfolio, which includes Sophos Firewall and Sophos Switch.
“With cloud-managed Wi-Fi, Sophos is addressing the need for more scalable, remote-managed Wi-Fi solutions that support the increasing number of connected devices and the proliferation of IoT systems,” said Daniel Cole, vice president of product management at Sophos. “This combination of our Sophos AP6 Series and Sophos Switches provides channel partners with a consolidated single vendor access solution strategy, easing the burden and overhead cost of managing multiple disparate systems from different vendors. Many access layer networks are still operating at 1 Gigabit speeds. With the significant performance enhancements in Wi-Fi 6, the industry has a great opportunity to review and modernize the network ecosystem that wireless is deployed into. Sophos’ solution dissolves a common bottleneck at the physical layer and can boost the total network performance of a company’s Wi-Fi infrastructure.”
Sophos AP6 models – including 420E, AP6 840, AP6 840E and the outdoor AP6 420X – have at least one built-in 2.5 Gigabit interface for faster LAN connectivity.
When combined with the Sophos multi-Gigabit switches, which also support 2.5 Gigabit Ethernet, companies can unlock faster speeds across the entire network. With the AP6 420E and 840E devices, which support Wi-Fi 6E, companies can additionally use the 6 GHz band, which is a newer, less congested space, offering high performance for the latest devices.
Sophos access points can be remotely managed in the cloud-based Sophos Central platform alongside a broader range of solutions than any other vendor.
This enables partners to oversee all customer installations, respond to alerts, and track licenses and upcoming renewal dates via a single, intuitive interface. Additionally, there is an on-premises interface administrators can take advantage of for on-AP settings.
Availability
The Sophos AP6 Series is available for immediate purchase exclusively through Sophos’ global channel of partners and managed service providers (MSPs).
TechNews
Sophos Launches Incident Response Retainer


- Sophos Retainer Cuts Red-Tape, Allowing Sophos Incident Responders to Quickly Investigate and Remediate Active Attacks
- Shorter Attacker Dwell Times Require Faster Response, as Indicated in Sophos’ New Active Adversary Report for Tech Leaders
Sophos, a global leader in innovating and delivering cybersecurity as a service, has announced its new Sophos Incident Response Retainer, which provides organizations with speedy access to Sophos’ industry-first fixed-cost incident response service that includes 45 days of 24/7 Managed Detection and Response (MDR).
The retainer cuts red tape, allowing Sophos incident responders to quickly jump into active cyberattacks to investigate and remediate them. External vulnerability scanning and critical preparedness guidance are also included in the retainer, enabling organizations to proactively improve their existing security resilience by pinpointing and resolving issues that reduce the likelihood of a breach in the first place.
At a time when attacker dwell time is steadily shortening, as revealed in a new 2023 Active Adversary Report for Tech Leaders that Sophos published today, time to locate and evict adversaries is critical in limiting damage and completely stopping nefarious endgames, such as data breaches and ransomware. The report indicates that median adversary dwell time continued to plummet, from 10 days in 2022 to eight days in the first half of 2023; for ransomware alone, the time between initial access and impact dropped from nine days to just five. Adversaries also preferentially carried out attacks during targets’ night and weekend hours, with only 9.6% of ransomware incidents taking place during the targets’ daytime business hours.
The single most common attack times were Fridays between 11 p.m. and midnight in the targets’ local time zones.
“Incident response retainers help organizations prepare in advance for the fastest response time possible to defend against active cyberattacks. Due to today’s complex and mixed-vendor computing environments, skills shortages, evolving attacker behaviors, and cyber insurance requirements, it’s critical that all organizations have pre-determined incident response plans in place.
Tangible ‘readiness’ is now a key component for cyber resilience,” said Rob Harrison, vice president, product management at Sophos. “Adversaries will often abuse the same weakness in a single system, and it’s not unusual for multiple, different attackers to go after the same target if there’s potential exposure. Sophos’ goal is to immediately stop active attacks and make sure complete remediation is achieved, regardless of how many hours it takes. We are the only security vendor that offers this caliber of retainer services for urgent security incidents.”
“Sixty-five percent of organizations suffered a significant breach event in the last 12 months despite considerable investments in cybersecurity tools, according to IDC ransomware research,” said Chris Kissel, research vice president, security and trust products, IDC. “Dealing with unexpected cyberattacks is time sensitive, stressful and a large financial commitment. The only way to save time, reduce costs and mitigate the impact of a breach is to have an experienced incident response team in place and lined-up ready to go – before attackers strike.”
The Sophos Incident Response Retainer is available in three tiers through Sophos partners worldwide. With Sophos’ unique ability to threat hunt, respond to and remediate attacks within multi-vendor environments, the retainer is available to non-Sophos customers, in addition to customers already using Sophos’ robust portfolio of innovative endpoint, network, email, and other security products, or Sophos MDR Essentials. Endpoint configuration health checks and device audits are also included in the retainer for existing Sophos customers. Organizations that prefer broader services in one package can purchase Sophos MDR Complete, which automatically includes full-scale incident response.
“The Sophos incident response retainer is the perfect tool for partners to help customers take a proactive approach to improving their cyber defenses, and it will enable us to more quickly respond and take necessary immediate action in a worst-case attack scenario when every minute counts,” said Jonny Scott, vendor alliance manager at Phoenix Software. “Sophos Incident Response’s fixed-cost pricing is genius, especially considering how every attack scenario is different and how quickly costs can rack up. The sheer breadth of resources included with the retainer – from scanning for vulnerabilities to patch and prevent breaches, to having a team of experts on standby 24/7 ready to battle head-to-head with adversaries – make it an absolute must have.”
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