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Checkout.com hacked, refuses ransom payment, donates to security labs

10 days ago
  • #extortion
  • #ransomware
  • #cybersecurity
  • Checkout.com was targeted by a criminal extortion attempt by 'ShinyHunters'.
  • Attackers accessed a legacy third-party cloud file storage system used before 2020.
  • No live payment processing platform, merchant funds, or card numbers were impacted.
  • The incident affects less than 25% of the current merchant base.
  • Checkout.com takes full responsibility for the improper decommissioning of the legacy system.
  • The company is identifying and contacting impacted parties and working with law enforcement.
  • Checkout.com refuses to pay the ransom and will donate the amount to cybercrime research.
  • Donations will go to Carnegie Mellon University and Oxford Cyber Security Center (OXCIS).
  • The company emphasizes security, transparency, and trust as foundational values.