TechnologyOne, an Australian ERP SaaS company, stated an “unauthorised 3rd party” has actually accessed the business’s internal Microsoft 365 platform.
In a monetary filing [pdf], the business asked for being put into a trading stop.
It stated the third-party, which it did not characterise, had “acted unlawfully” in accessing the M365 circumstances.
TechnologyOne stated its customer-facing SaaS platform isn’t linked to M365 “and for that reason has actually not been affected”.
” The business has actually shown seriousness to examine the problem, consisting of initiation of its cyber reaction technique, designating 3rd party specialists, and separating impacted systems,” it stated.
” As soon as the examination is additional advanced, we will remain in a position to call those who might be impacted to deal with them on the continuous security of their information.”
TechnologyOne included that it had actually reported the occurrence to appropriate authorities.
The business stated it had actually asked for a trading stop while it continues to examine; it prepared for trading once again by the end of the week.