The Board of Directors of Koh Brothers Eco Engineering Limited (KBEE) disclosed that several of the company’s subsidiaries fell victim to a cyberattack, resulting in unauthorized access and encryption of certain servers. The KBEE cyberattack has triggered swift investigations, prompting the company to take quick and decisive measures to contain and address the breach.
Swift Response to Contain KBEE Cyberattack
Upon discovering the KBEE cyberattack, the company disconnected the affected servers from the network to prevent further unauthorized access. The company has also engaged incident response experts and external legal counsel to assess, respond to, and manage the incident.
Presently, ongoing investigations suggest that the cyberattack on Koh Brothers Eco Engineering has been contained, but the full extent of its impact on the group and its operations remains uncertain.
“At this point, the ongoing investigations indicate that the Incident has been contained. At this juncture, the Company is not able to assess the extent of the impact of the Incident on the Group and its operations. The Group’s business continues to be operational notwithstanding the Incident,” reads the official statement.
However, the company is unable to assess the complete impact at this time, and investigations are ongoing to determine the scope of the Koh Brothers Eco Engineering cyberattack. The Board assures shareholders that it will provide timely updates as the situation develops.
Future Preparedness: Enhancing IT Security Framework
KBEE is deploying advanced tools to remediate the intrusion and restore affected systems. As part of its commitment to data security, KBEE will evaluate and, if necessary, enhance its IT security framework to counter the evolving sophistication of threat actors.
Shareholders are advised not to take any action regarding their shares or securities that may be detrimental to their interests.
Caution is urged when dealing with KBEE shares or securities. Should shareholders wish to transact with KBEE shares, seeking professional advice and consulting with their stockbrokers is strongly recommended.
“In the event that shareholders of the Company wish to deal in the shares or securities of the Company, they should seek their own professional advice and consult with their own stockbrokers,” states the official release.
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