Now Hacked
EN-GB
Ransomware

Rackspace incurs costs from 2022 ransomware attack

First reported · Last reported · 2 related reports

Rackspace was hit by a ransomware attack in 2022 and subsequently incurred related costs. In November 2023 it recorded $5 million in related costs, and at the end of that month projections emerged that losses could exceed $11 million.

Key facts

Affected organisation
Rackspace
Incident type
Ransomware
Occurred / detected
Not confirmed
Scale of damage
$5 million in related costs recorded; losses could exceed $11 million
Cause / method
Ransomware attack
Location
United States

Timeline

  1. It came to light that Rackspace had recorded $5 million in costs related to the 2022 ransomware attack.
  2. Projections emerged that losses from the attack could exceed $11 million.

2 related reports

The summary and key facts are written by AI from related reports and may contain errors. Check the original articles and the organisation’s official statements for accurate details.