Brief: TechnologyOne Ltd Responds To Incident With Its Back-Office System

TECHNOLOGY ONE

10/05/2023 02:33

May 10 (Reuters) - TechnologyOne Ltd  TNE.AX :
    * RESPONDS TO INCIDENT WITH ITS BACK-OFFICE SYSTEM
    * DETECTED THAT AN UNAUTHORISED THIRD-PARTY ACTED ILLEGALLY
TO
ACCESS ITS INTERNAL MICROSOFT 365 BACK-OFFICE SYSTEM
    * CUSTOMER-FACING SAAS PLATFORM NOT CONNECTED TO MICROSOFT
365
SYSTEM AND THEREFORE HAS NOT BEEN IMPACTED
    * REPORTED THIS INCIDENT TO RELEVANT AUTHORITIES AND
CONTINUES TO
NOT ONLY COMPLY BUT GO BEYOND ITS REGULATORY OBLIGATIONS
    * REQUESTS IMMEDIATE IMPLEMENTATION OF A TRADING HALT IN
RESPECT
OF ALL OF ITS SECURITIES ON ASX

Source text for Eikon:  ID:nASX2kwKG3 
Further company coverage:  TNE.AX 

 ((Reuters.Briefs@thomsonreuters.com;))