The Clap
In a press release issued yesterday, November 26, Fawry revealed the results of its cybersecurity investigation following the cyberattack it experienced earlier this month. The verdict? It’s a mixed bag…
What
With the help of Group-IB, a global provider of cybersecurity solutions, Fawry drew the curtains on the incident, providing details on what exactly got leaked and what remained safe.
Quick Breakdown
- The good news: All of Fawry’s actual systems on the live environment, including the applications used by all Fawry customers, have not been compromised by LockBit, and no data has been leaked from them.
- But unfortunately: A separate segment of Fawry’s application and software testing environment was subjected to an attack that resulted in the encryption of some files and data leakage.
- Although Fawry asserts that this data has no impact on the safety and security of financial transactions on its platform, it may contain some personal customer information, including names, addresses, birthdates, and mobile phone numbers according to Fawry’s statement.
Claps Class: Test vs. Live Environment
A live environment is the real-time space where users interact with the fully functional application for transactions and other activities. It’s like the active stage of a performance. On the other hand, the testing environment is a separate controlled area where developers experiment before going live. It’s like a backstage area where preparations and trials occur before things go live on stage.
So What
On the day Fawry issued the statement, its stock declined by -2.63%.
Now What
Fawry urged customers worried about the personal non-financial information leaked from the test environment to contact the company, and said they’re going above and beyond to weather such attacks in the future.
