The Footwear Retailer

← The Footwear Retailer6 oct. · 42 min

Our Stores Got Hacked: How Schuler Shoes Survived a $250,000 Ransomware Attack

Our Stores Got Hacked: How Schuler Shoes Survived a $250,000 Ransomware Attack6 oct.42 min

Most independent retailers think a cyberattack won’t happen to them — until it does. In this episode, Pete Mohr sits down with Mike Schuler, fourth-generation owner of Schuler Shoes, a family-owned footwear retailer with 10 stores across the Minneapolis area and 137 years in business, to talk through the ransomware attack that hit his stores over a Memorial Day weekend — while Mike himself was on vacation. Mike walks through the first 24 hours: the call from his IT team, the decision (on hi...