Ransomware attack on IKEA operator costs 20 million
Briefly

In November 2024, Fourlis Group, the operator of IKEA stores in Greece, Cyprus, Romania, and Bulgaria, suffered a ransomware attack costing around 20 million euros. This incident impacted their online IKEA sales significantly, resulting in a 15 million euro loss initially, with an additional 5 million in 2025. Occurring right before Black Friday made the timing particularly detrimental. Despite this attack's gravity, forensic investigations revealed no data theft, suggesting that the attackers might not have succeeded in their objectives or are seeking a private settlement with Fourlis Group.
The Fourlis Group's ransomware attack cost approximately 20 million euros, significantly impacting its online IKEA shops just before the crucial Black Friday weekend.
Despite the attack's severity, a forensic investigation found no evidence of data theft, indicating the potential for private negotiations with the attackers.
Read at Techzine Global
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