Cyber Security

FedEx unit’s delivery service slowed by cyberattack

“Courier service giant FedEx confirmed Monday operations and the delivery service of a subsidiary was ‘significantly affected’ by a cyberattack.

FedEx shares were up about 0.9% Wednesday morning before trading was halted. Trading resumed in the afternoon after the Memphis-based company confirmed the infiltration of ‘an information system virus.’ 

The attack hit the computer systems of its TNT Express subsidiary, which is a regional courier service provider, FedEx said in a statement.  “

Source: FedEx unit’s delivery service slowed by cyberattack

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