February 9, 2023 | Eul Basa

Indigo Takes Down Website Amid Cybersecurity Incident


Indigo Books & Music Inc. is currently investigating a “cybersecurity incident” that has dealt a massive blow to its business operations.

The company’s website, as well as its in-store electronic payment systems, have both been affected and only orders paid for by cash are able to be processed. Online purchases, gift cards, and returns cannot be processed at this time.

"We are working with third-party experts to investigate and resolve the situation," the company posted on its website. “Our hope is to have our systems back online as soon as possible. 

Indigo first reported “technical issues” on Feb 8, sharing on social media that the company was working on fixing the service outage and seeing “if customer data has been accessed.” Customers were also told that recently purchased items online may be delayed due to unforeseen circumstances.

At this time, no other details about the cybersecurity incident have been released by Indigo.

Indigo is not the only company that has experienced cyberattacks in recent months. In November of last year, Empire Co. Ltd., the parent company of Sobeys, also dealt with a security breach that led the company to close its pharmacies.

Sobeys locations were left scrambling as customers were unable to fill their prescriptions for four days. Additionally, other in-store services were out of order, including the self-checkout machines, gift card processing, and loyalty point redemption.

Other companies such as the LCBO, and even government organizations like SickKids Hospital, have also been hit with what appear to be targeted online attacks. Robert Falzon, the head of engineering for Check Point Canada, said the attacks are causing millions of dollars in losses for these businesses.

“It’s getting more attention because of the nature of them and how frightening some of them truly are actually.”

According to Statistics Canada, Canadian businesses spent over $600 million in 2021 toward recovery efforts from cybersecurity incidents.

Source: 1,2,3


READ MORE

Upgrades You Should Implement To Increase Your Property Value

The housing market is competitive, to say the least. If you want your home to stand out on the market, here are some things you can do to make it seem brand new.
December 19, 2024 Ethan Vestby
Last Will

Things You Need In Your Will That Too Many People Forget

Think your will is complete? Even the most carefully crafted ones often miss necessary elements that could leave your family in limbo. If you want it to be a peaceful ride, continue reading.
January 8, 2025 Miles Brucker

Simple Career Changes To Make More Money In 2025

If you're looking to change tracks in 2025 and jump into a new career but aren't looking to go back to school or spend time and money retraining in an entirely new profession, here are some career changes you can make to make more money next year.
January 1, 2025 Jack Hawkins

15 Ways To Put More Money Aside For Your Future In 2025

Whether you're thinking about retirement, or are just planning a family vacation, 2025 could be the year that you make significant gains in the savings department. Let's explore easy ways to put more money aside for your goals, so that you can start saving and living better this year.
March 3, 2025 Jack Hawkins

The Most Expensive Things To Sell At Auction

Expensive items can draw a lot of envy, but also befuddlement. Just how much bidders were willing to drop on some of the items in this list will blow your mind!
March 20, 2025 Ethan Vestby

Warren Buffett's Best Middle-Class Money Advice

The Oracle of Omaha wasn't always a financial Titan. He was from the middle class, just like you, but he's made incredibly shrewd money decisions over the last several decades, making him one of the richest men in the world. Learn from him as he shares his middle class money advice in this piece.
April 1, 2025 Jack Hawkins



Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team