All news with #checkout.com tag

Checkout.com Apologizes After Breach, Donates Ransom

🔒 Checkout.com publicly disclosed a breach after the ShinyHunters group accessed data from a legacy third‑party cloud storage system used prior to 2020, and issued an apology taking responsibility for the error. The company said fewer than 25% of current merchants were affected, confirmed no payment card data was taken, and refused the ransom demand. Instead of paying, it donated the ransom amount to Carnegie Mellon University and the University of Oxford Security Center to support research into cybercrime.

Checkout.com Refuses Ransom After ShinyHunters Breach

🔒 Checkout.com confirmed that the criminal group ShinyHunters accessed a legacy third-party cloud file storage system used in 2020 and earlier and is attempting to extort the company. The exposed materials reportedly include merchant onboarding documents and internal operational files, and Checkout estimates the data affects less than 25% of its current merchant base while also touching former customers. Rather than paying, the firm said it will donate the ransom amount to Carnegie Mellon University and the University of Oxford Cyber Security Center and invest in strengthening its security.