Ransomware Attack on IKEA Operator in Eastern Europe Results in $22.8 Million Loss
Security
The Fourlis Group, which operates IKEA stores in Greece, Cyprus, Romania, and Bulgaria, suffered a ransomware attack on November 27, 2024, just before Black Friday. This attack resulted in estimated losses of 20 million euros (22.8 million dollars). The described real impacts include operational disruptions and significant financial costs.