Connect with us

Hi, what are you looking for?

Metaverse CapitalistsMetaverse Capitalists

Business

Holiday Inn hotels hit by cyber-attack

Holiday Inn owner, Intercontinental Hotels Group (IHG), has confirmed the company has been hit by a cyber-attack.

IHG, which has some of the world’s largest hotel chains, issued a statement saying it was investigating “unauthorised access” to a number of its technology systems.

The UK-based company said its “booking channels and other applications” had been disrupted since Monday.

It manages the Holiday Inn, Crowne Plaza and Regent hotels.

“IHG is working to fully restore all systems as soon as possible,” the company said.

IHG confirmed it was assessing the nature, extent and impact of the incident and had implemented its response plans, including appointing external specialists to investigate the breach.

The company is also in the process of notifying regulatory authorities.

In a statement, the company said: “We will be supporting hotel owners and operators as part of our response to the ongoing service disruption. IHG’s hotels are still able to operate and to take reservations directly.”

But many people trying to book accommodation have been complaining.

IHG did not say there had been any loss of customer data.

It also did not specifically say it was a ransomware attack, but most of the speculation points in that direction.

Last month, a Holiday Inn in Istanbul was breached by LockBit, which released data stolen from the company.

It is not known if there is a connection between the attacks.
The hotel chain was also the target of a three-month security breach in 2017 when more than 1,200 of its franchised hotels in the US were affected.

The hack comes amid increased scrutiny on appropriate defences against cyber-attacks, particularly on Western financial institutions, in the wake of heightened geopolitical tensions following Russia’s invasion of Ukraine early this year.

Read more:
Holiday Inn hotels hit by cyber-attack

    You May Also Like

    Stocks

    In this edition of StockCharts TV‘s The Final Bar, Dave shows how breadth conditions have evolved so far in August, highlights the renewed strength in the...

    Business

    In the UK, the care sector is under incredible strain, it’s good to know there are people working hard to address the issue. One...

    Politics

    On January 10, the French government announced plans to raise the retirement age from 62 to 64. The change would mean that after 2027,...

    Business

    With the increased threat of industrial strike action looming across the UK, we consider whether a force majeure clause can strike the right chord...

    Dislaimer: pinnacleofinvestment.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 metaversecapitalists.com | All Rights Reserved