Blog | G5 Cyber Security

Aussie Media Company Warns Investors of $7 Million Hit to Profit Due to Ransomware Attack

Australian media intelligence and data firm Isentia is advising investors it will be around $7 million poorer in fiscal 2021. The tally reflects remediation costs and lost business associated with the cyber incident, the CEO said. The company last week suffered a cyber security incident that crippled its Mediaportal platform, forcing it to stop supplying some services and enter a trading halt that saw its shares fall 30 percent the next day. The incident, later revealed as a ransomware infection, caused operations to be severely compromised”]

Source: https://www.bitdefender.com/blog/hotforsecurity/aussie-media-company-warns-investors-of-7-million-hit-to-profit-due-to-ransomware-attack/

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