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The Technology Risk Podcast · February 14 · 14 min

Episode 64 - BridgePay Ransomware Outage Freezes Merchant Revenue

BridgePay, a major U.S. payment gateway that processes credit and debit transactions for merchants and municipalities, was hit by a ransomware attack that triggered widespread outages. Some businesses were pushed into cash-only operations as transaction processing stalled. In this episode, we explain what happened, what ransomware is, and how a third-party payment processor outage can immediately freeze revenue streams. We break down how dependent many SMBs are on invisible infrastructure that works fine until it suddenly does not. Make sure to subscribe to our podcast on Spotify and Apple Podcasts for more technology insights every Friday at 6 PM (PDT), as well as check out our website at www.frostyos.com.

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BridgePay, a major U.S. payment gateway that processes credit and debit transactions for merchants and municipalities, was hit by a ransomware attack that triggered widespread outages. Some businesses were pushed into cash-only operations as transaction processing stalled. In this episode, we explain what happened, what ransomware is, and how a third-party payment processor outage can immediately freeze revenue streams. We break down how dependent many SMBs are on invisible infrastructure that works fine until it suddenly does not.

Make sure to subscribe to our podcast on Spotify and Apple Podcasts for more technology insights every Friday at 6 PM (PDT), as well as check out our website at www.frostyos.com.

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