Brief: Lumibird: Payment Fraud Detected

Lumibird SA

14/05/2020 16:19

May 14 (Reuters) - LUMIBIRD SA  LBIRD.PA :
    * REG-LUMIBIRD : PAYMENT FRAUD DETECTED
    * AT END OF DAY ON MAY 12, LUMIBIRD GROUP'S MANAGEMENT
DISCOVERED
THAT ITS UK SUBSIDIARY HALO PHOTONICS HAD BEEN VICTIM OF A
PAYMENT FRAUD SINCE APRIL 16
    * THIS FRAUD, REPRESENTING A MAXIMUM OF EUR 3.8M
    * FRAUD IS NOW UNDER CONTROL AND WILL NOT CALL INTO QUESTION
GROUP'S DEVELOPMENT
    * GROUP HAS REVIEWED EXISTING PROCEDURES FOR PREVENTING
CYBERATTACKS
    * HAS OPENED AN INTERNAL INVESTIGATION

Source text for Eikon:  ID:nGNE3WWlS1 
Further company coverage:  LBIRD.PA 

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