Ferrara Candy, the Chicago-based candy manufacturer, faced a devastating ransomware hack in October.
Ferrara, which makes 85% of the candy corn in the United States, has been making candy for more than 110 years. Founded by Italian immigrant Salvatore Ferrara, the company is the leading non-chocolate provider of seasonal treats.
Overall, the 2021 Halloween season candy sales, following the pandemic slump, increased by nearly 48%, with sales topping $324 million. Unfortunately, the pandemic also yielded a 300% spike in cyber crimes. Industry experts are urging corporations, businesses, and the general public to take extra precautions to protect their online and real-life operations.