Sopra Steria: “losses from the Ryuk virus attack will amount to 40-50 million euros»

Sopra Steria: “losses from the Ryuk virus attack will amount to 40-50 million euros»

In October, the information infrastructure of the French IT giant Sopra Steria was attacked by the Ryuk encryption virus. Now the company’s representatives are talking about losses in the amount of 40-50 million euros.

Sopra Steria has 46,000 employees and provides a wide range of information technology services in 25 countries. On October 21, the information infrastructure of Sopra Steria was penetrated by the Ryuk encryption virus, and this was a new version of the malware.

The attack was blocked by the company’s IT team, but still affected some of the company’s services. Although the company’s and customers ‘ data remained secure, the attack caused significant losses for Sopra Steria. In a statement, the company noted:

“The elimination of the consequences and the result of the unavailability of various systems from October 21 will have a serious negative impact on operating profit. The costs associated with the attack of the Ryuk virus will range from 40 to 50 million euros. The group’s insurance coverage for incidents related to the risks of cyber attacks is up to 30 million euros.”

Recall that the Ryuk encryption virus appeared back in 2018, and in 2019 it received a significant spread in China.

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