News and Updates on Information Technology

South Korea – E-Land

Exploit: Ransomware
Press Trust of India: News Reporting Service

Risk to Small Business: 2.169 = Severe

A cyberattack walloped Korean retail giant E-Land, forcing it to suspend operations at 23 of its 50 branches of NC Department Store and NewCore Outlet stores. Some stores have reopened, but they’re still facing significant operational delays Investigation and recovery is ongoing.

Individual Risk: No personal data was reported as exposed in this incident.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Operational impacts from ransomware can be devastating even if bad actors don’t steal your data, especially for daily goods and services businesses like retail stores.