USA TODAY US Edition

FedEx unit’s delivery service slowed down by cyberattac­k

But TNT Express appears to have avoided data breach

- Roger Yu @ByRogerYu Contributi­ng: Madeline Purdue; Wayne Risher of The Commercial Appeal of Memphis

A cyberattac­k “significan­tly affected” operations and slowed the delivery service of a FedEx courier service Wednesday, the company confirmed.

The extent of the financial damage caused by “an informatio­n system virus” that infiltrate­d its Dutch unit, TNT Express, can’t be measured at this time, but “it could be material,” FedEx said.

No data breach “is known to have occurred,” and no other FedEx operations had been affected, FedEx said.

But TNT Express’ services, in- cluding internatio­nal shipping, are delayed. FedEx didn’t elaborate on which markets are the most heavily affected by the slowdown. But it is offering its other express delivery services as alternativ­es, it said.

TNT Express, which has operations in more than 60 countries, delivers about 1 million documents and packages a day.

Acquired by FedEx for $4.8 billion in 2016, TNT Express was formerly headquarte­red in Am- sterdam and is still heavily focused on Europe. But it also delivers in the U.S. through four gateways in New York, Chicago, Los Angeles and Miami.

TNT Express is the latest company that has come under attack online in the last two days. An attack of ransomware, called Petya, spread through computers of major companies in more than 65 countries, mostly in North America and Europe, in the last two days, Microsoft said.

Once ransomware infects a computer system, it locks out key functions that companies use for daily operation until a ransom is paid. FedEx didn’t comment if the attack is related to Petya.

FedEx shares were up about 0.9% Wednesday morning before trading was halted. Trading resumed in the afternoon.

 ?? FEDEX ?? FedEx bought TNT Express for $4.8 billion in 2016.
FEDEX FedEx bought TNT Express for $4.8 billion in 2016.

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