Rackspace said its Hosted Exchange environment was hit by a "security incident" last Friday, and it has decided to take the services offline as it investigates scope and impact of the incident. "On Friday, Dec 2, 2022, we became aware of an issue impacting our Hosted Exchange environment. We proactively powered down and disconnected the Hosted Exchange environment while we triaged to understand the extent and the severity of the impact. After further analysis, we have determined that this is a security incident. The known impact is isolated to a portion of our Hosted Exchange platform. We are taking necessary actions to evaluate and protect our environments," the company said in its report. Rackspace has since provided other updates, saying that "We have successfully restored email services to thousands of customers on Microsoft 365 and continue to make progress on restoring email service to every affected customer. At this time, moving to Microsoft 365 is the best solution for customers who can now also implement temporary forwarding." Shares of Rackspace have dropped about 10% to $4.37 in Monday morning trading. Reference Link
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