Canadian retailer Indigo Books and Music Inc. said cooling consumer spending compounded the effects of a ransomware attack against the company in February, dragging down its earnings amid a board of directors shakeup. The Toronto-based bookseller reported a loss of $49.6 million its latest financial year, which saw a cyberattack take down its website and […]

TORONTO — Indigo Books and Music Inc. reported a loss of $49.6 million its latest financial year which saw a cyberattack take down its website and payment systems and compromise the personal information of some current and former employees. The retailer says the loss amounted to $1.78 per diluted share for the 52-week period ended […]

TORONTO — Tim Hortons is launching a credit card that can be used through its mobile app, the latest move into an increasingly competitive rewards space. Tims Financial is a new division of Tim Hortons that will offer a no-annual-fee Mastercard powered by Neo Financial, the company said in a press release Wednesday. The card […]

VICTORIA — British Columbia’s privacy commissioner is recommending the province amend its information protection laws after his investigation found several Canadian Tire stores contravened privacy laws by using facial recognition technology without properly notifying customers. B.C. should tighten its Security Services Act and the Personal Information Protection Act to better regulate the sale of technologies […]

TORONTO — A union representing 200 employees of Indigo Books & Music Inc. is calling on the retailer to disclose more information about the scope of its recent data breach and offer additional support to staff affected by the cyberattack. United Food and Commercial Workers International Union Local 1006A said Saturday that it is “increasingly […]

One month after a cyberattack hit Indigo Books & Music Inc., Canada’s biggest bookstore chain is back online, although, still grappling with the fallout. “A month has passed but it’s not back to normal for Indigo,” said Charles Finlay, executive director of Rogers Cybersecure Catalyst at Toronto Metropolitan University. “It’s a reflection of the complexity […]

Indigo says the data leak that affected current and former employees of the bookstore chain included information on medical leaves and immigration applications, as well as other sensitive information not included when the company initially disclosed the leak. It has been a month since the retailer was hit by a cyberattack that brought down its […]

TORONTO — It’s been one month since a ransomware attack hit Canada’s biggest bookstore chain. The hack kicked Indigo Books & Music Inc.’s website and payment systems offline and compromised the personal information of some current and former employees. Here’s a timeline of the cyberattack: Feb. 8: In a post on Twitter at 2:15 p.m. […]

Canada’s biggest bookstore chain is warning employees that data stolen in a cyberattack may be posted on the so-called dark web after it refused to pay a ransom demand. Indigo Books & Music Inc. said Thursday that its network was hijacked by cyber criminals using a ransomware software known as LockBit last month, knocking its […]

A ransomware attack compromised the data of current and former employees at Canada’s biggest bookstore chain, Indigo Books & Music Inc. says. In a statement on its website, Indigo said the breach on Feb. 8 left no indication that customers’ personal information, such as credit card numbers, had been accessed, but that “some employee data […]

A cybersecurity incident stretched into its fifth day at Indigo Books & Music Inc. on Monday, illuminating the growing risk of cyberattacks on Canadian companies and consumers. The ongoing outage of the bookstore’s website serves as a warning of the mounting dangers facing organizations and individuals online, experts say. “These attacks are becoming more prevalent and more […]

A cybersecurity incident that knocked Indigo Books & Music Inc.’s website and electronic payment systems offline is the latest in a string of cyberattacks experts say are increasingly targeting Canadian businesses. “It’s really turned into the Wild West out there and companies are struggling,” Robert Falzon, head of engineering at Check Point Canada, said in an interview […]