Globant's code repository hit by breach (updated)

GLOBANT

30/03/2022 17:55

(Adds details, share movement)
    March 30 (Reuters) - Software services firm Globant SA  GLOB.N  said on
Wednesday that a limited section of its code repository was accessed without
authorization, and it has activated its security protocols along with an
investigation into the incident.
    Globant's shares fell about 10% to $248.92 on the news.
    Evidence of other areas of its infrastructure systems or those of its
clients being affected have not been found, the company said in a filing https://bit.ly/36zGCq5.
 
    A code repository is a web hosting facility where software developers, and
programmers store source code for software.

 (Reporting by Akash Sriram in Bengaluru; Editing by Shailesh Kuber)
 ((Akash.Sriram@thomsonreuters.com; https://twitter.com/hoodieonveshti;))