Retail Chain: Prevents Ransomware Attack
– Case Description
A small retail chain with 10 locations and 50 employees implemented the model focusing on deploying multi-factor authentication (MFA) across all employee accounts, including point-of-sale systems and cloud-based inventory tools. Win: Six months after implementation, the IT team detected a phishing attempt that compromised an employee’s email credentials. Thanks to MFA, the attacker couldn’t escalate access to the company’s payment systems or deploy ransomware. The company avoided a potential $100,000+ loss (based on average SMB ransomware costs from the 2023 IBM Cost of a Data Breach report) and kept operations running without downtime.