London Drugs refuses to pay ransom – corporate data is leaked

Share post:

London Drugs, a prominent Canadian retailer, has confirmed a data breach involving sensitive corporate head office files, following a ransomware attack that disrupted operations last month. The cyberattack, carried out by the ransomware group LockBit, initially shut down stores for almost a week as the company bolstered its cybersecurity measures with the help of third-party experts.

On April 28, the company was first alerted to the cyber intrusion. Despite rapid response measures, including notifying law enforcement and the privacy commissioner, London Drugs was unable to prevent the exfiltration of specific corporate data. After refusing to meet the ransomware group’s $25 million demand, compromised files were publicly released online.

While the company has reassured that no customer or patient data has been compromised, the exposure of corporate files remains a significant concern. London Drugs is actively reviewing the extent of the breach and has committed to contacting any employees directly affected by the leak. In response to the incident, the retailer is offering affected employees complimentary credit monitoring services and identity theft protection.

As investigations continue, London Drugs emphasizes its commitment to upholding robust security protocols and working closely with law enforcement to address this cyber threat. The company reassures the public and its employees of its resolve to handle the situation with the utmost seriousness and to take every possible step to mitigate further risks and protect stakeholder data.

SUBSCRIBE NOW

Related articles

AT&T Fined $13 Million for Supply Chain Data Breach

AT&T has agreed to pay a $13 million fine following a significant data breach that exposed information of...

Supply Chain Attack Weaponizes Communication Devices in Lebanon

A sophisticated supply chain attack has turned everyday communication devices into weapons in Lebanon, marking a new era...

Chinese Botnet “Raptor Train” Infects 260,000 Devices Worldwide

A massive Chinese botnet dubbed "Raptor Train" has been disrupted by the FBI and cybersecurity researchers. This sophisticated...

If you can read this – we’re back!!!

We've been off line with our newsletters for some time now as we restarted TechNewsDay under new ownership! We...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways