Walt Disney plans to transition away from its use of Slack as a companywide workplace collaboration system, after a hacking entity leaked online more than a terabyte of company data, according to a report in the Status media newsletter.

Disney told employees on Thursday that it will no longer use Slack for internal communication after a hack earlier this year allowed cybercriminals to expose financial materials, computer codes, and o

Disney CFO Hugh Johnston said most of the media and entertainment company's businesses would stop using Slack as a workplace collaboration tool later this year