Koh Brothers Eco units face cyberattack, investigation ongoing
Mia Pei
KOH Brothers Eco Engineering was the target of a recent cyberattack in which the servers in certain subsidiaries of the company were subjected to unauthorised access and encryption.
While the ongoing investigation indicates that the incident has been controlled, the sustainable engineering solutions provider said on Monday (Dec 4) that it is unable to assess the extent of the impact of the cyberattack on the group and its operations.
“The group’s business continues to be operational notwithstanding the incident.”
The Catalist-listed group noted that it took prompt steps to contain the incident, including disconnecting the affected servers from the network and preventing further unauthorised access to its IT network.
“The group has additionally engaged incident response experts and external legal counsel to assess, respond to, and manage the incident.”
“In the meantime, shareholders of the company are advised to refrain from taking any action in respect of their shares or securities in the company, which may be prejudicial to their interests, and to exercise caution when dealing in such shares or securities,” said the group, noting that it will update shareholders on any material developments of the incident.
Shares of Koh Brothers Eco Engineering ended Friday S$0.001 or 4.2 per cent down at S$0.023.
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