ransomware in Retail

Retail is Reeling from Ransomware

Whether it is a brick-and-mortar outlet or ecommerce site, ransomware operators understand that the retail sector is dependent on keeping operations up and running, and any disruption to operations means the organization could be measuring losses by the minute.

When threat actors take down a retailer’s means of making sales, they know they have their victim in tight spot and can make huge ransom demands to restore operations.

Worse yet, the attackers likely exfiltrated sensitive data before delivering the ransomware payload. This can include proprietary information and regulated customer data, putting the organization’s brand and viability at risk.

Ransomware Poses a Critical Threat for Retail

The threat to the retail sector from ransomware attacks is escalating at an alarming pace:

71% of ransomware attacks against retailers successfully encrypted data.

Only 26% of attacks against retailers were detected and blocked before data was encrypted.

In 21% of attacks where data was encrypted included the exfiltration of sensitive data.

Legacy security tools were simply not designed to address the unique threat that ransomware presents, and this is why we keep seeing destructive ransomware attacks circumvent these traditional security solutions and impact the retail sector.

Retailers Require Uptime Reliability

Disruptive ransomware attacks impact the bottom line

People and Processes

The retail sector depends on consistent volume to assure profitability with thin margins, and ransomware attackers understand that disrupting retail operations means damage to the brand and losses accrue fast.

Downtime & Recovery

From first detection to full recovery, it takes on average 21 days to restore operations following a successful ransomware attack, and most retailers would find a disruption on this scale an existential event.

This is why Halcyon enlisted some of the top engineers, data scientists, and threat researchers in cyber security to develop the Halcyon Anti-Ransomware Platform.

Halcyon delivers a purpose-built ransomware prevention solution that provides multiple layers of prevention, detection and recovery through proprietary encryption key material capture that autonomously restores systems to operation in a matter of minutes versus weeks.

Motivations

Ransomware operators leverage these disruptions to force retailers into the position of paying for a decryption key so they can restore operations and resume sales as quickly as possible to minimize potential losses.

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Empowering Retail with Resilience

The new model for building resilient retail organizations requires:
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Defense Resilience

Existing EPP/EDR/XDR were not designed to stop ransomware attacks in progress. Halcyon AI/ML models are trained on millions of real-world ransomware attacks to fill the detection and prevention gap left by traditional security tools.

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Stop Bypass & Evasion

Ransomware operators disable endpoint security tools with relative ease. Halcyon protects other security tools from being bypassed, unhooked, or blinded during a ransomware attack to increase ROI on all security investments.

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Operational Resilience

Ransomware attacks are designed to be disruptive. The unique Halcyon encryption key material capture and anti-data exfiltration features prevent exposure of sensitive data and assure operational resilience against successful attacks.

Halcyon Offers the Most Powerful Ransomware Protection

Legacy security tools are failing to catch the telltale signs of ransomware attacks until it is too late, so we keep seeing destructive attacks circumvent these solutions.

Identify and transfer locker

RANSOMWARE OPERATIONS PREVENTION

Halcyon delivers AI/ML-powered next-generation behavioral modeling to detect ransomware precursors, pre-execution blocking of ransomware payloads, and unparalleled evasion protection.


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Deploy Halcyon Agent

DATA EXFILTRATION PREVENTION

Halcyon detects attacker actions to predict and prevent bulk data movement associated with data exfiltration to protect education providers from breaches that lead to costly liability and extortion demands.


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Initiate the Decryption

RAPID RANSOMWARE RECOVERY

Only Halcyon delivers proprietary encryption key material capture and autonomous decryption to keep education organizations operational in the face of a successful ransomware attack.

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Halcyon Anti-Ransomware Platform

Halcyon is the only platform to leverage advanced AI/ML detection models specifically trained to defeat ransomware. The unique Halcyon Anti-Ransomware Platform is easy to deploy, does not conflict with existing endpoint security solutions, and provides multiple levels of detection, prevention and recovery against ransomware attacks.

Talk to a Halcyon expert today to find out more and check out our Recent Ransomware Attacks resource site to get near real-time tracking of ransomware attacks, threat actor groups and their victims.

See Halcyon in action

Interested in getting a demo?
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