Ransomware Attack on Eurosko: A Wake-Up Call for Enhanced Cybersecurity Measures

Incident Date: Apr 20, 2024

Attack Overview
VICTIM
Euro Sko Norge AS
INDUSTRY
Retail
LOCATION
Norway
ATTACKER
Lockbit
FIRST REPORTED
April 20, 2024

Ransomware Attack on Eurosko by LockBit 3.0

Company Overview

Euro Sko Norge AS, a prominent footwear retailer based in Moss, Ostfold, Norway, has recently fallen victim to a ransomware attack claimed by the notorious LockBit 3.0 group. Specializing in fashion footwear, Euro Sko operates primarily within Norway, boasting a significant online presence. The company, with 108 employees, generated a revenue of $14 million in 2024, marking it as a key player in Norway's fashion market where it ranks #24 with over $10 million in revenue in 2023.

Vulnerabilities and Targeting

The choice of Euro Sko as a target by LockBit 3.0 could be attributed to various factors. As a company deeply entrenched in online sales and digital operations, Euro Sko holds a wealth of customer data and business information, making it an attractive target for ransomware attacks.

Implications

This incident serves as a stark reminder of the ongoing risks faced by the retail industry, which is increasingly reliant on digital technologies and online sales. It emphasizes the urgent need for enhanced cybersecurity measures and protocols to protect against evolving ransomware attacks like this one from LockBit 3.0.

Sources

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