Fourlis Group, Operator of IKEA Stores, Hit by Ransomware Attack

The Fourlis Group, which operates IKEA stores in Greece, Cyprus, Romania, and Bulgaria, suffered a ransomware attack on November 27, 2024, on the eve of Black Friday. This attack caused an estimated 20 million euros (22.8 million US dollars) in damages. The attack utilized ransomware software, but no additional technical details were provided. The direct financial impacts of the attack were significant for the company.