AEM Holdings has suffered a breach which resulted in unauthorised access to its IT network. This is despite robust security measures it had in place, the company said in a filing.
Upon discovery, the company took immediate and appropriate steps to contain the incident and prevent further unauthorised access to its IT network, it adds.
“The company additionally engaged leading incident response consultants and external counsel to assess, respond to and manage the Incident. As a result of these efforts, the incident has been contained and resolved.”
AEM reiterates that it takes IT security risks seriously, conducting a rigorous review of the incident as well as its IT systems to ensure that they remain robust and that the data it is entrusted with remains safe and secure.
The company will keep shareholders updated on any material development. As at the date of the announcement, AEM does not expect the incident to have a material adverse impact on the consolidated net tangible assets or consolidated earnings per share of the company for the financial year ending Dec 31.
Shares in AEM closed 6 cents lower or 1.32% down on Sept 5 at $4.47.
