Globant plunges on reporting code repository breach

GLOBANT

30/03/2022 18:05

** U.S.-listed shares of software consultancy firm  GLOB.N 
fall 10% to $248.92 in afternoon trading
    ** Stock set for worst day in more than two years
    ** Co says a limited section of its code repository was
accessed without authorization; a code repository is a web
hosting facility where software developers and programmers store
source code for software  urn:newsml:reuters.com:*:nL3N2VX841
    ** GLOB adds it is conducting an investigation into the
breach 
    ** Evidence of other areas of its infrastructure systems or
those of its clients being affected have not been found - GLOB
    ** Including session's losses, GLOB down 20.7% YTD

 (Reporting by Eva Mathews in Bengaluru)
 ((Eva.Mathews@thomsonreuters.com;))