Rackspace-Hosted Exchange Service Gets Hit with Ransomware Attack

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Rackspace’s hosted Microsoft Exchange e-mail service was disrupted by a ransomware attacks. Rackspace is still estimating the damage from the attack, but it suggested the ransomware attack could affect its hosted Exchange business, including a substantial revenue loss for the company. Its hosted Exchange business “generates approximately $30 million of annual revenue in the Apps & Cross Platform segment.

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