Brief: Latitude Group Says Cyber Crime Now Subject Of Investigation By Australian Federal Police

Latitude group

20/03/2023 01:27

March 20 (Reuters) - Latitude Group Holdings Ltd
 LFS.AX :
    * CYBERCRIME UPDATE
    * ATTACK ON LATITUDE IS NOW SUBJECT OF AN INVESTIGATION BY
AUSTRALIAN FEDERAL POLICE
    * TAKEN PRUDENT ACTION OF ISOLATING SOME OF OUR TECHNOLOGY
PLATFORMS WHICH MEANS THAT WE ARE CURRENTLY NOT ONBOARDING NEW
CUSTOMERS
    * CONFIRM UNUSUAL ACTIVITY AS A "SOPHISTICATED,
WELL-ORGANISED AND
MALICIOUS" CYBER-ATTACK WHICH REMAINS ACTIVE
    * HAVE TAKEN PLATFORMS OFFLINE AND ARE UNABLE TO SERVICE
CUSTOMERS
AND MERCHANT PARTNERS
    * LATITUDE ENCOURAGES OUR CUSTOMERS TO REMAIN VIGILANT
    * CANNOT RESTORE CAPABILITY IMMEDIATELY, HOWEVER WE ARE
WORKING TO
DO SO GRADUALLY OVER COMING DAYS
    * WE ARE CURRENTLY NOT ONBOARDING NEW CUSTOMERS
    * LIKELY TO UNCOVER MORE STOLEN INFORMATION AFFECTING BOTH
CURRENT
AND PAST LATITUDE CUSTOMERS AND APPLICANTS
    * WILL COMMENCE CONTACTING CUSTOMERS AND APPLICANTS WHO HAVE
SO
FAR BEEN IMPACTED BY THIS CRIMINAL ACT
    * IS STILL ASSESSING ANTICIPATED TOTAL COST TO IT OF THIS
INCIDENT

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