Tech

58% of Retailers Pay Ransom as Cyber Threats Intensify — Sophos Report

KUALA LUMPUR, November 5, 2025 – More than half (58%) of retailers hit by ransomware ended up paying the ransom, according to Sophos’ State of Ransomware in Retail 2025 report. The study found that 46% of incidents stemmed from unknown security gaps, underscoring visibility and preparedness challenges across the retail sector. Median ransom demands doubled to US$2 million, while average payments rose 5% to US$1 million.

Cyber Threats

Sophos identified Akira, Cl0p, Qilin, PLAY, and Lynx as the most active threat groups targeting retailers. Despite rising ransom demands, data encryption rates have fallen to a five-year low of 48%, suggesting stronger early detection and response capabilities. However, backup recovery rates have declined to 62%, their lowest in four years.

Sophos’ Global Field CISO Chester Wisniewski urged retailers to strengthen visibility, patching, and Managed Detection and Response capabilities to curb future attacks and recover faster from breaches.

Business News

Table of Contents

News Malaysia and Global

Read More News on Latest Malaysia

Read More News on Business News Malaysia

Read More News on SG Business News

Read More News on World Future TV

Read More News #latestmalaysia

Staff Writer

Recent Posts

Oracle Lays Off Thousands Amid AI Push

Oracle is laying off thousands of employees globally to restructure and invest in AI, while…

2 hours ago

Wall Street Surges as Iran Signals Willingness to End War

Wall Street rallies as Iran signals willingness to end war; Dow jumps 1,125 points, oil…

3 hours ago

Malaysia’s Digital Banking Sector Enters Critical Growth Phase

Digital banks move into execution phase as competition intensifies.

4 hours ago

SMEs Struggle Amid Rising Costs and Competition

SMEs face cost pressures while adapting to growing competition.

16 hours ago

Najib ordered to pay US$1.3 billion to SRC International

Najib Razak ordered to pay SRC International US$1.3 billion for breach of fiduciary duties, misappropriation,…

21 hours ago

Backup plans and recovery readiness of Malaysian businesses

Backup alone doesn't ensure recovery; organizations must establish clear recovery strategies, targets, and practices for…

23 hours ago

This website uses cookies.