Lee Enterprises Hit by Cybersecurity Attack, Halts Newspaper Publication in 24 States

Lee Enterprises, a major US news conglomerate, has experienced a cybersecurity incident that has led to the suspension of newspaper and digital publications in 24 states. Initially attributed to a server issue, the company later revealed a malicious cyberattack and notified law enforcement. The attack caused significant disruption and financial losses, with a fourth-quarter loss of $2.80 per share, far exceeding expectations. Lee Enterprises is investigating and implementing preventative measures, but hasn't announced a timeline for resuming normal publication. This incident highlights the cybersecurity risks and transformation challenges faced by the news media industry.