Adyen hit with cyberattack in Europe

Adyen, the Dutch payment processor, suffered a significant cyberattack this week, resulting in temporary service disruptions across Europe. The company reported that services were impacted for about eight hours due to a distributed denial of service (DDoS) attack.

Key Points

  • Adyen experienced a DDoS attack that disrupted its services in Europe, confirmed via a company post.
  • The attack began with unusual error rates detected by monitoring systems on Monday evening.
  • The attack unfolded in three waves, each requiring different mitigation strategies from Adyen’s engineering teams.
  • Specific services affected included onboarding and money transfers, which resulted in failed or delayed transactions.
  • The issue was resolved by early Tuesday morning, and Adyen plans to share a detailed review with customers on prevention measures.

Why should I read this?

If you’re curious about how major players in the payment industry handle cyber threats, this article is a must-read! Adyen’s recent experience with a cyberattack highlights the vulnerabilities all companies face today. It’s not just tech talk – it’s real-life risk management that matters to every business relying on payment systems. Get clued up on the situation and understand the implications for your operations.