Connect with us

Hi, what are you looking for?

Breaking News

Australia’s Eagers Automotive finds unauthorized access to parts of IT systems

Australia’s Eagers Automotive on Tuesday said an investigation found that a cyber incident last week that resulted in an outage involved unauthorized access to parts of the company’s information technology (IT) systems by a third party that accessed data from its servers.

“Based on investigations to-date, the company is in the process of notifying a small number of individuals identified who may face serious risk of data misuse,” the automotive retailer said in a statement.

The company did not reveal the exact number of individuals whose data was directly compromised as a result of the cyber incident.

Australian corporations have seen an alarming rise in cyber security breaches since last year, prompting the country’s government to reform cyber security rules. Australia set up an agency in February this year to oversee government investment and help coordinate responses to hacker attacks.

Last week, Eagers flagged a cyber incident that hit some of its IT systems, affecting the company’s ability to finalize transactions for certain new vehicles that were sold and ready for delivery.

The impact of cyber incident, however, is not expected to be material for the 2023 financial year, it added. – Reuters

You May Also Like

Editor’s Choice

[#item_full_content]

Editor’s Choice

[#item_full_content]

Disclaimer: KingOfCashSecrets.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 KingOfCashSecrets. All Rights Reserved.