Adrian Johnson
TLDR:
Singapore-listed company Aztech Global experienced a ransomware attack on its IT network, prompting the company to shut down all its servers over the lunar new year break. The company used cyber security screening software to check its data and prevent further compromise. Third-party forensic advisors have been appointed to investigate the incident, and the appropriate law enforcement authority has been notified.
The attack on Aztech Global is the latest in a series of ransomware attacks on Singapore-listed companies this year. The incident has not had any material impact on the company’s financials or operations. The company is seeking advice from industry experts to strengthen its cyber security.
Main Article:
Singaporean company Aztech Global suffered a ransomware attack on its IT network, leading the company to take immediate action, including shutting down all its servers over the lunar new year break. The attack involved cyber criminals gaining unauthorized access to the network and deploying ransomware. The Group used several cyber security screening software to check its servers and ensure that no further data was compromised.
In response to the incident, Aztech Global has appointed third-party forensic advisors to investigate the attack and has notified the appropriate law enforcement authority. The company is also seeking advice from industry experts to enhance its overall cyber security. The cyber attack has not had any material impact on the company’s financials or operations.
This incident is part of a series of ransomware attacks on Singapore-listed companies this year. Other companies, such as IPS Securex Holdings, ES Group (Holdings), and RE&S Holdings, have also reported similar attacks on their servers.
Aztech Global will continue to keep shareholders updated on any significant developments related to this cyber security incident. Investigations into the breaches are ongoing as the company takes steps to strengthen its cyber security measures.
