Hackers have infiltrated the database of luxury hotels group Mandarin Oriental and stole credit card information from “an isolated number” of its properties in the US and Europe.
“The incident is a direct result of an unauthorised cyber-attack,” said the Hong Kong-based group, which is part of the Jardine Matheson group and operates 45 hotels in 25 countries. It did not identify the hotels affected, but confirmed that none of its Asia portfolio was affected.
“Unfortunately incidents of this nature are increasingly becoming an industry-wide concern and therefore we have also alerted our technology peers in the hospitality industry.”
Mandarin added that the breach came from malicious software that was “undetectable by all anti-viral systems.”
The group said that it had removed the malware and was “coordinating with credit card agencies, law enforcement authorities and forensic specialists to ensure that all necessary steps are taken to fully protect our guests and our systems across our portfolio.”
“We can confirm that only an isolated number of hotels in the US and Europe have been affected,” a statement said.
“Moreover, from the information we have to date, the breach has only affected credit card data and not any other personal guest data, and credit card security codes have not been compromised.”
The US dollar and debt yields falling on the North Korea missile test, treasury being a top target for cyber criminals and why treasurers aren't into real-time payments all hit the latest headlines in the world of treasury this week. Don't miss our ten top news stories from around the world.
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.
Chicago based Treasury Management System (TMS) vendor GTreasury and Sydney based risk and treasury management vendor Visual Risk have joined forces in a strategic alliance to ... read more
Direct carrier billing is currently a competitive payments industry in Europe, but will it flourish under PSD2? EE and Microsoft think so.