All Ransomware attack articles
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News briefsHanesBrands receives $20.5 million insurance compensation for 2022 ransomware attack
HanesBrands Inc. has received $20.5 million in insurance compensation for the 2022 ransomware attack that cost the company around $100 million in global sales. The apparel manufacturer disclosed the insurance payout in its third-quarter regulatory filing with the U.S. Securities and Exchange Commission (SEC), as the payment represents compensation for ...
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News briefsHanesbrands’ ransomware attack cost $100 million in sales
Hanesbrands’ ability to order materials, make and ship orders, and process payments was negatively impacted during its second quarter due to a ransomware attack on the company’s information technology systems that was identified on May 24. The company was unable to fill customer orders for about three weeks. The Champion ...
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News briefs
Puma North America falls victim to ransomware attack
Bleepingcomputer.com reports that after a ransomware attack on one of Puma’s North American workforce management service providers, Kronos, in December 2021, cybercriminals also stole Puma North America employees’ data from the Kronos private cloud. Ransomware attacks involve malware that is installed undetected in the victim’s system. The malware then encrypts ...
