Rackspace

The company said there was no evidence that any user data was actually viewed, obtained, misused, or disseminated as a result of the attack.

A Rackspace representative said an investigation assisted by cybersecurity firm CrowdStrike found that the hacking group used a previously unknown zero-day exploit.

It was unclear whether a ransom was paid to the unknown attacker. It was still unclear how the Hosted Exchange system was breached.

Rackspace Technology has yet to resolve a 'significant failure' of its Hosted Exchange service that supports customer emails that began on Friday. Thousands of customers have been unable to access their email accounts in what the company is calling a 'security incident.'

Codeup now finds itself among only a handful of coding boot camps across the country with an official accreditation, which sets certain education and training standards and places the company under the oversight of the U.S. Department of Education.

Rackspace Technology is planning on moving its headquarters to an undisclosed north San Antonio location in mid-2023, according to an email from a senior manager reviewed by TPR. The news of the move to north San Antonio comes less than a month after Rackspace appointed Amar Maletira as the company’s fifth CEO in the past six years.

The Rackspace board of directors voted to appoint a new CEO after Kevin Jones stepped down, according to an SEC filing released on Monday. Amar Maletira, CFO of Rackspace since 2020, took over as chief executive officer the Friday after the vote.

The company has struggled to maintain stock value since reentering the public market in 2020.

The company announced the layoffs in a filing with the U.S. Securities and Exchange Commission

The acquisition merges the two accelerated training programs that aim to fill in-demand technology jobs accross the city and state. Increases Codeup graduates by 30 percent and classroom footprint 80%