FedEx still on mend af­ter cy­ber­at­tack

Northwest Arkansas Democrat-Gazette - - BUSINESS & FARM -

In­for­ma­tion sys­tems in FedEx Corp.’s TNT unit may never fully re­cover from a June cy­ber­at­tack, the com­pany said in a state­ment Mon­day, and the amount of lost rev­enue was still be­ing eval­u­ated.

While TNT fa­cil­i­ties are op­er­at­ing, cus­tomers are still ex­pe­ri­enc­ing “wide­spread” ser­vice and in­voic­ing de­lays, FedEx said in its state­ment. A sig­nif­i­cant por­tion of TNT oper­a­tions are us­ing man­ual pro­cesses, the com­pany said.

“We can­not yet es­ti­mate how long it will take to re­store the sys­tems that were im­pacted, and it is rea­son­ably pos­si­ble that TNT will be un­able to fully re­store all of the af­fected sys­tems and re­cover all of the crit­i­cal busi­ness data that was en­crypted by the virus,” the Mem­phis-based courier said.

The Petya virus af­fected TNT through tax soft­ware used in Ukraine. Other oper­a­tions haven’t been af­fected by the at­tack, said FedEx, owner of the world’s largest cargo air­line. The com­pany said it found no ev­i­dence of a data breach or data lost to third par­ties.

The June cy­ber­at­tack de­manded $300 in cryp­tocur­rency to un­lock in­fected com­puter net­works. The virus spread through­out Europe be­fore jump­ing to the U.S. and even­tu­ally reach­ing Asia and South Amer­ica.

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