NEW YORK--(BUSINESS WIRE)-- On December 14, 2022, the day of the Qatar 2022™ semifinal match between France and Morocco, many FuboTV customers experienced ...
The forward-looking statements in this press release represent FuboTV’s views as of the date of this press release. You should, therefore, not rely on these forward-looking statements as representing FuboTV’s views as of any date subsequent to the date of this press release. Although no company can ever be immune from the risk of cyber attacks, we assure you that we are working diligently with our outside cybersecurity experts to take all appropriate steps to remediate this incident and to prevent any similar incident from recurring in the future. Once we detected the attack, we immediately took steps to contain the incident and worked to restore service to all of our users as quickly as possible. Leveraging its proprietary data and technology platform optimized for live TV and sports viewership, FuboTV Inc. We have reported the incident to law enforcement and have engaged Mandiant, an industry-leading incident response firm, to assist with our continuing investigation and response. (NYSE: FUBO) aims to transcend the industry’s current TV model. All statements contained in this press release that do not relate to matters of historical fact are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including statements regarding the cyber attack and our ongoing investigation and response, as well as our remediation and prevention efforts. operates in the U.S., Canada, France and Spain. Ranked #1 in Customer Satisfaction among Live TV Streaming Providers by J.D. Our investigation is at an early stage, but we are committed to transparency regarding this incident. We were instead the target of a criminal cyber attack.
Internet-TV bundle FuboTV said it was the target of a criminal cyberattack on Wednesday, affecting the service during a World Cup semifinal match.
[Alphabet](/quotes/GOOGL/)'s YouTube TV, [Dish](/quotes/DISH/)'s Sling, and [Disney](/quotes/DIS/)'s Hulu Live TV. The company noted the incident had nothing to do with any bandwidth constraints on its part. ET on Wednesday, and many of FuboTV's customers took to social media when they weren't able to access the match.
FuboTV has confirmed that a streaming outage preventing subscribers from watching the World Cup Qatar 2022 semifinal match between France and Morocco was ...
As they engaged with Mandiant, the attack was likely a breach of their network or servers. Today, FuboTV confirmed that a cyberattack was the cause of the outage and that they are continuing to investigate and respond to the incident. We are addressing the issue.
Sports-focused streaming-video service FuboTV said a “criminal cyber attack” was responsible for a prolonged outage that prevented subscribers from viewing ...
The company was founded in 2015. The company has retained security firm Mandiant to investigate the intrusion. Elsewhere, the company had 358,000 paid subscribers. The company said it reported the incident to law enforcement. A spokeswoman declined to immediately answer questions and said the company would provide an update once it had more information. Many said they were canceling their subscriptions in protest, although some
FuboTV was hacked in a "criminal cyber attack" during the 2022 FIFA World Cup, causing an outage, the company says.
It continued: “We have reported the incident to law enforcement and have engaged Mandiant, an industry-leading incident response firm, to assist with our continuing investigation and response. Once we detected the attack, we immediately took steps to contain the incident and worked to restore service to all of our users as quickly as possible,” the statement said. FuboTV, a so-called virtual multichannel video provider (vMVPD) offers traditional broadcast and cable channels through streaming, similar to YouTube TV and Hulu with Live TV. Our primary focus currently is on ensuring that the incident is fully contained and that there is no threat of further disruption for any of our customers.” [FuboTV](https://www.hollywoodreporter.com/t/fubotv/) says it was the victim of a “criminal cyber attack” Wednesday, an attack which was responsible for its service going down during a critical FIFA [World Cup](https://www.hollywoodreporter.com/t/world-cup/) match between France and Morocco. In a statement Thursday morning, FuboTV said that “the incident was not related to any bandwidth constraints on Fubo’s part,” and that it had contacted law enforcement about the attack.
FuboTV cited a cyberattack for a service outage that caused many subscribers to miss the World Cup semifinal match between France and Morocco.
In Q3, the company’s revenue increased 43% year over year, to $224.8 million, while its net loss of $152.7 million was 44% higher than the year-earlier period. The company said it reported the incident to law enforcement agencies and hired Mandiant, a security-incident response firm, to assist in its investigation and response. Our teams remain engaged and will be working into the night to fully resolve this issue.”
A cyber attack shut fuboTV viewers out of an important World Cup match on Wednesday. The recovery process starts now.
[give up](https://www.fool.com/investing/2022/10/19/is-fubotv-stock-ready-to-win-a-game-it-didnt-want/) on its once-ambitious but always costly plans to become a sportsbook for its growing base of active sports fans willing to place bets on the games they're watching. The question -- for investors, anyway -- is if fuboTV will see its momentum take a hit in the aftermath of Wednesday's downtime. It would go on to concede that the customer access issue wasn't related to a technical issue on its end. It pointed to a cyber-related incident that it began investigating in order to restore access to its subscribers. FuboTV was a target of a cybercrime attack. Making matters worse, when fuboTV subscribers took the advice offered -- to stream it for free directly on Fox -- they were also denied access to the big game.