Subway Sandwich Chain Investigating Ransomware Group’s Claims

Subway Sandwich Chain Investigating Ransomware Group’s Claims

January 23, 2024 at 06:54AM

Subway is investigating a claim by the LockBit ransomware group that it hacked into the company’s systems and stole extensive amounts of data, including financial information and employee salaries. The hackers have given Subway until February 2 to pay a ransom. LockBit has been a prolific ransomware group, targeting numerous organizations and receiving over $90 million in ransom payments since early 2020.

Based on the meeting notes, it appears that Subway is facing a serious cybersecurity threat from the LockBit ransomware group. The group has claimed to have hacked into Subway’s systems and stolen significant amounts of data including financial information and employee details. The hackers have demanded a ransom and threatened to sell the stolen data to Subway’s competitors if their demands are not met by a specified date. Subway is currently investigating the validity of the claim and the potential impact of the breach. This poses a significant risk to Subway’s operations, which could potentially impact its 20,000 global locations and over 400,000 employees. This situation should be addressed with high priority and appropriate actions should be taken to protect Subway’s data and prevent any further unauthorized access.

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