<img height="1" width="1" style="display: none" alt="" src="https://px.ads.linkedin.com/collect/?pid=1098858&amp;fmt=gif">

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.
Content Team

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

Share this article
Share on facebook Share on linkedin Share on twitter Share on email
blog_book_a_demo_cta_3x
Have questions about protecting your software?
Our escrow experts are standing by to help.
Book a free demo