HomeFinTechIPH Limited: Shares tumble on cyber security incident

IPH Limited: Shares tumble on cyber security incident

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IPH Limited Shares tumble on cyber security incident

  • Intellectual property specialist IPH (IPH) has been hit by a potential cyber security breach at its head office and two member firms in Australia
  • The company says it is investigating unauthorised access to a portion of its ‘IT environment’, though this investigation could take some time
  • The incident relates to the document management systems of IPH’s head office and practice management systems of the Spruson & Ferguson and Griffith Hack firms
  • IPH has notified the Australian Cyber Security Centre (ACSC) and is working to determine if these systems were accessed by an unauthorised this party
  • IPH shares are down 12.34 per cent and trading at $7.36 at 2:04 pm AEDT
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