Costs came to around €20 million.
The Greek branch of IKEA lost around €20 million following a ransomware attack last November.
According to local media reports, the attack took place on November 27th - just ahead of Black Friday - temporarily affected digital systems in all of the group's countries of operation, according to local media reports.
The incident caused temporary disruptions to store replenishment, which mainly affected the home furnishings and furniture industry of IKEA stores, as well as e-commerce operations, during December 2024 to February 2025.
According to IKEA’s management, the effects were remedied almost immediately, no ransom was paid and no personal data was leaked.
Written by
Dan Raywood is a B2B journalist with 25 years of experience, including covering cybersecurity for the past 17 years. He has extensively covered topics from Advanced Persistent Threats and nation-state hackers to major data breaches and regulatory changes.
He has spoken at events including 44CON, Infosecurity Europe, RANT Forum, BSides Scotland, Steelcon and the National Cyber Security Show, and served as editor of SC Media UK, Infosecurity Magazine and IT Security Guru. He was also an analyst with 451 Research and a product marketing lead at Tenable.
