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

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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.

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