Vallianz Holdings Limited in Singapore has announced that it recently fell victim to a ransomware attack, during which unauthorized access was gained to the Group’s servers. Upon discovering the incident, the company, in collaboration with external experts, immediately took action to identify, contain, and address the situation by activating its business continuity plan.
The Group also reported the incident to the relevant authorities. Based on an initial assessment, Vallianz stated that there has been no significant impact on its business operations so far. However, investigations are still ongoing, and the company continues to assess the situation.
Vallianz has committed to providing further updates if there are any material developments regarding the incident. In the meantime, shareholders have been advised to exercise caution when dealing with the company’s shares and to seek professional advice if needed. This incident highlights the persistent cybersecurity risks faced by the maritime sector.
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