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10/22/2019

Ransomware Hits B2B Payments Firm Billtrust

Krebs on Security

Business-to-business payments provider Billtrust is still recovering from a ransomware attack that began last week.  The company said it is in the final stages of bringing all of its systems back online from backups.

With more than 550 employees, Lawrence Township, N.J.-based Billtrust is a cloud-based service that lets customers view invoices, pay, or request bills via email or fax. In an email sent to customers today, Billtrust said it was consulting with law enforcement officials and with an outside security firm to determine the extent of the breach.

“Our standard security and back-up procedures have been and remain instrumental in our ability to execute the ongoing restoration of services,” the email reads. “Out of an abundance of caution, we cannot disclose the precise ransomware strains but will do so as soon as prudently possible.

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