Schwarz-Gruppe Faces Surge in Cyberattacks, Primarily from Russia

The parent company of Lidl and Kaufland is developing AI-based security solutions in response to 350,000 daily attacks.

The Schwarz-Gruppe, which includes Lidl and Kaufland, reports a dramatic increase in cyberattacks, rising from 3,500 to 350,000 daily since the Ukraine conflict began.
These attacks are predominantly originating from Russia, according to CEO Gerd Chrzanowski.
In collaboration with US firm ServiceNow, the Schwarz-Gruppe is creating AI-driven security solutions to combat these threats.
The company plans to share these cybersecurity solutions with competitors, emphasizing the need for industry-wide collaboration.
A new AI platform is also being developed to enhance retail operations across Europe, aiming for full deployment by 2025.