And heading into Black Friday, the cyber risk assessment company BitSight estimated in a report this morning that about 60 percent of the retail sector is at a “heightened risk” of ransomware attacks because of poor cybersecurity practices, including slow patching of vulnerabilities. Sophos Labs estimates that retail was the most-hit sector in 2020, tied with education, with 44 percent of organizations struck. In the past year, retailers have increasingly found themselves battling ransomware gangs. RansomwareīUSIEST DAYS OF THE YEAR - As retailers prepare for what is sure to be a complicated holiday shopping season, another threat beside low inventory and supply chain woes will be on the top of retailers’ mind: ransomware. You’ll also receive daily policy news and other intelligence you need to act on the day’s biggest stories. Want to receive this newsletter every weekday? Subscribe to POLITICO Pro. Register now for continuing updates and to be a part of this momentous and program-packed day! From the blockchain, to AI, and autonomous vehicles, technology is changing how power is exercised around the world, so who will write the rules? REGISTER HERE.
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