Checkout.com Snubs ShinyHunters Ransom Demand

Source: BleepingComputer

UK financial technology company Checkout.com has faced a significant breach from the ShinyHunters threat group, which has exploited one of its legacy cloud storage systems. Following the breach, the hackers have demanded a ransom from the company. In an unconventional response to this threat, Checkout.com has chosen not to yield to the extortion. Instead, the company announced its intention to donate the ransom amount to a charitable cause.

While the specifics of the breach and the ransom amount remain undisclosed, the situation highlights the ongoing issues organizations face regarding cybersecurity threats, particularly from well-known hacking groups like ShinyHunters. Financial technology firms are particularly bustling targets due to the sensitive data they handle, emphasizing the importance of robust security measures to mitigate such risks.

👉 Pročitaj original: BleepingComputer