Checkout.com Refuses Ransom Demand, Donates to Cybersecurity Research Instead
Checkout.com reveals data breach by ShinyHunters; legacy cloud system accessed, no payment info compromised, funds donated to cyber research.
By
Content Team
ON THIS PAGE
Want more insights like this?
Subscribe to our newsletter to get the latest software protection strategies delivered to your inbox.
By submitting your email, you consent to Codekeeper contacting you and agree to our privacy policy.
Payment provider Checkout.com disclosed a data breach after hackers from the notorious ShinyHunters group tried to extort them. The attackers accessed a legacy third-party cloud storage system that hadn't been used since 2020 and wasn't properly decommissioned.
The breach affected internal documents and merchant onboarding materials but didn't compromise payment processing, merchant funds, or card numbers. Checkout refused to pay the ransom and instead announced they'll donate the ransom amount to Carnegie Mellon University and Oxford's Cyber Security Center for cybercrime research.
The company has launched an investigation and reported the incident to law enforcement and regulators.
Source: Security Week
Have questions about protecting your software?
Our escrow experts are standing by to help.
Book a free demo