/security

News and resources on cyber and physical threats to banks and fintechs worldwide.

Nets and SoftPay get 7-Eleven back on track after ransomware attack

Nordic payments operator Nets and Softpay equipped all 7-Eleven stores across Denmark with emergency tap-to-pay SoftPOS kit the day after the chain's payments and checkout terminals were knocked out by a cyberattack.

Be the first to comment

Nets and SoftPay get 7-Eleven back on track after ransomware attack

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

7-Eleven Denmark was hit by a ransomware attack on all 176 stores in early August.

The attackers locked down cash registers and payment terminals, forcing the firm to initially shut down all locations across the country.

As an emergency measure the chain turned to Nordic payment processor Nets and Softpay to equip checkout staff with Samsung Android phones and an app capable of accepting payments with just a tap on the phone.

Craig Jacoby of SoftPay, says: “The benefits of having a hardware independent payment solution - as the primary solution or as a backup during emergencies - are clear in this case. I am very proud of the Softpay Teams dedication and team effort that have allowed us to successfully support 7-Eleven in this challenging situation.”

7-Eleven is not the first retailer to have found itself with closed stores following a ransomware attack.

Late last year, the UK supermarket chain Spar had its checkouts disabled at over 300 branches, while Swedish branches of the Co-Op were forced to shut after being hit.

Sponsored [Upcoming Webinar] Embedded Finance: Valuable Partnerships and Opportunities for Payments

Related Company

Keywords

Comments: (0)

[On-Demand Webinar] Instant Payments and their impact on the fraud landscapeFinextra Promoted[On-Demand Webinar] Instant Payments and their impact on the fraud landscape