Slack Lists Cybersecurity Risks Ahead of Going Public
In a recent US Securities and Exchange Commission (SEC) filing, Slack acknowledged the growing cyber threat. The company behind the popular team collaboration tool warned that it may take a financial hit in the near future as a result of cyber threats. Slack is worried about campaigns by nation-state hackers and organized cybercrime groups, but also about phishing, malware, distributed denial-of-service (DDoS) and other attacks by lone hackers and malicious insiders that may result in data theft or other harm to the company and/or its users.
The firm, which plans to go public, explained that “[t]hird parties may attempt to fraudulently induce employees, users, or organizations into disclosing sensitive information such as user names, passwords, or other information or otherwise compromise the security of our internal electronic systems, networks, and/or physical facilities in order to gain access to our data or the data of organizations on Slack.”