Cyberattack Chaos: Co-op’s $275M Loss and Data Debacle!
The cyberattack on Co-op resulted in empty shelves, stolen customer data, and a $275M loss. The hackers, known as DragonForce, shared screenshots of their extortion attempt. Despite missing out on bank details, 6.5 million members had data stolen. Four suspects, including a Latvian, were arrested in connection with the Co-op cyberattack.
Hot Take:
Looks like the DragonForce gang decided to play a high-stakes game of “Who Wants to Be a Cyber Millionaire?” by hacking into Co-op and leaving them with a $275 million hangover. The Co-op shelves are emptier than my bank account after a weekend sale, and the hackers made off with more data than a nosy neighbor in a soap opera. The British National Crime Agency swooped in like superheroes to arrest four young suspects, proving age is just a number when it comes to digital mischief. Moral of the story? It’s time for Co-op to invest in some digital locks stronger than a grandma’s cookie jar!
Key Points:
– Cyberattack on Co-op resulted in $275 million revenue loss.
– DragonForce claimed responsibility, stealing data from 20 million members.
– Co-op initially denied data compromise but later confirmed member data theft.
– British National Crime Agency arrested four youths involved in the attacks.
– Cyber Monitoring Centre labeled the attacks as a Category 2 systemic event.