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RE: LeoThread 2025-02-18 09:48

in LeoFinance8 months ago

“Preliminary investigations indicate that threat actors unlawfully accessed the Company’s network, encrypted critical applications, and exfiltrated certain files,” said Lee in its filing, describing the incident as a ransomware attack.

Lee said it anticipated the outages to last for several more weeks as the company restores affected systems. The company said it had notified law enforcement.

“The incident impacted the Company’s operations, including distribution of products, billing, collections, and vendor payments. Distribution of print publications across our portfolio of products experienced delays, and online operations were partially limited,” the company said in the filing.