Iress (ASX: IRE) Provides Additional Details on Unauthorised Access Incident

May 17, 2024 03:03 PM AEST | By Team Kalkine Media

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Iress (ASX: IRE) Provides Additional Details on Unauthorised Access Incident — Image source: shutterstock

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Iress Ltd (ASX: IRE), a leading provider of technology solutions for financial markets, has issued a further update regarding the unauthorised access incident it recently encountered. The company has acknowledged the emergence of certain statements today attributed to an alleged threat actor, which purportedly shed light on the incident. However, Iress emphasises that these statements do not align with the findings of its ongoing investigations conducted thus far.

Key Points from Iress Ltd's Update

Iress Ltd has become aware of statements made by an alleged threat actor concerning the unauthorised access incident. These statements, reportedly disseminated today, have garnered attention and speculation within the industry.

Despite the emergence of these statements, Iress Ltd asserts that they do not correspond with the outcomes of its internal investigations conducted to date. The company remains committed to ensuring transparency and accuracy in its communication regarding the incident.

Investigations into the unauthorised access incident are still underway, with Iress Ltd diligently working to uncover the full extent and implications of the breach. The company is leveraging its resources and expertise to thoroughly assess the situation and implement appropriate measures to mitigate risks and safeguard its systems and data.

Iress's Response Strategy

In response to the unauthorised access incident and the subsequent dissemination of alleged statements by a threat actor, Iress Ltd is adopting a proactive and transparent approach. The company is prioritising the integrity of its investigations and the accuracy of its communication to stakeholders, including clients, partners, and regulatory authorities.

Implications and Market Response

The emergence of alleged statements related to the unauthorised access incident has prompted speculation and raised concerns among investors and industry participants. However, Iress Ltd's reaffirmation of its ongoing investigations and commitment to transparent communication has helped provide reassurance and maintain confidence in the company's response strategy.

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