JSE-listed Stefanutti Stocks hit by cyberattack, engages experts to investigate

  • 📰 IOL
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Stefanutti Stocks Holdings uncovered a cyberattack on its IT systems in the early hours of Monday, August 31, the company said in a communique to stakeholders on Tuesday. | busrep

The construction engineering company that is listed on the Johannesburg Stock Exchange said external IT forensic experts had been engaged to work with Stefanutti Stocks’ experts to investigate the incident.

“Stefanutti Stocks reassures its stakeholders that it takes any threat to its IT systems extremely seriously and that the incident is being fully investigated,” the company said. According to a report released last month by multinational technology company IBM, the total cost of a data breach to an organisation is R40.2 million per breach on average.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global stocks flirt with record highsEquities on track to end August with five consecutive months of gains, as investors bet on central banks being generous with stimulus
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Volatile rand lives up to its reputation with biggest loss in more than two monthsThe bank index pulled the JSE all share lower on the day, with the index making its biggest losses in two weeks
Source: BDliveSA - 🏆 12. / 63 Read more »