Hackers behind cyberattacks on UK retailers are now targeting American brands, with evidence of data theft. Google warns major retailers in the US have been targeted. Hackers have used ransomware to access and steal sensitive information from companies.
Key Points
Hackers have targeted top UK retailers and are now shifting focus to major American brands
Ransomware is being used to lock up systems and steal sensitive information
Google provides insight into hacker operations due to its services to large retailers
Pros
Google's Threat Intelligence Group is actively monitoring and warning about cyber threats
Awareness of cyberattacks can lead to better security measures in the retail industry
Cons
Risk of data breaches and theft affecting both customers and employees
Disruption of online operations and potential financial losses for targeted companies