The group adds that investigations are currently ongoing, and the ValueMax (SGX:T6I) is expected to conduct a “rigorous” review of the incident and its IT systems to “enhance and strengthen” its cybersecurity infrastructure.
ValueMax suffered a cybersecurity incident at an unspecified date after the group’s IT servers experienced a malware attack.
According to an Oct 15 bourse filing, the group and other external consultants took “immediate and appropriate actions” to identify and contain the affected servers.

