French IT-company Sopra Steria expects €50 million loss after Ryuk ransomware attack

French IT services giant Sopra Steria said today in an official statement that the October Ryuk ransomware attack will lead to a loss of between €40 million and €50 million.

Sopra Steria is a European information technology firm with 46,000 employees in 25 countries providing a large array of IT services, including consulting, systems integration, and software development.

French IT services giant Sopra Steria said today in an official statement that the October Ryuk ransomware attack will lead to a loss of between €40 million and €50 million.

Sopra Steria is a European information technology firm with 46,000 employees in 25 countries providing a large array of IT services, including consulting, systems integration, and software development.

The ransomware attack was blocked by Sopra Steria's in-house security and IT teams which contained the ransomware to "a limited part of the Group’s infrastructure" thus protecting the company's data, as well as its customers and partners.

The recovery process started by the company on October 26th is almost complete, with access restored to nearly all "workstations, R&D and production servers, and in-house tools and applications."

Full article on https://www.bleepingcomputer.com/news/security/sopra-steria-expects-50-million-loss-after-ryuk-ransomware-attack/

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