Sopra Steria claims ransomware attack will cost it up to €50m

Sopra Steria has revealed that a recent cyberattack on its systems will cost it as much as €50m as it moves to assure customers that it has nearly recovered from the breach. The firm announced on 21 October that it was breeched by an unknown version of Ryuk ransomware, a strain of the virus which zeroes in on enterprises, encrypting PCs, storage and data centres en masse. Sopra Steria claims that the attack was "rapidly blocked thanks to in-house IT and cybersecurity teams". But the French...