Aztech Global reports ‘cybersecurity incident’, appoints forensic advisers to investigate

Megan Cheah
Published Tue, Feb 13, 2024 · 09:18 PM

TECHNOLOGY solutions provider Aztech Global : 8AZ 0% on Tuesday (Feb 13) said it recently experienced a “cybersecurity incident” where cybercriminals gained unauthorised access to its IT network and deployed a ransomware attack.

Based on the information available to date, the incident does not have any material impact to Aztech Global’s financials or operations, it said in a bourse filing.

The group took measures immediately after discovering the issue, including shutting down its servers over the Chinese New Year break and using cybersecurity screening software to check the company’s servers to ensure that no further data was affected or compromised.

“The group has appointed third-party forensic advisers to help investigate the incident, and has notified the appropriate law enforcement authority,” it said.

It is also seeking advice from industry experts to further strengthen its overall cybersecurity, and will update shareholders if there are any material developments.

The group will be announcing its financial results for the full year ended Dec 31 on Thursday.

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Shares of mainboard-listed Aztech Global finished up S$0.005 or 0.6 per cent at S$0.83, before the announcement.

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