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Pin to quick picksGateley Holdings Share News (GTLY)

Share Price Information for Gateley Holdings (GTLY)

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Share Price: 119.50
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Gateley working to investigate cyber security breach

Wed, 16th Jun 2021 15:21

(Alliance News) - Gateley Holdings PLC on Wednesday said it is managing a cyber security incident following an intrusion into its systems from an external source.

Shares in the Birmingham-based legal and professional services group were down 1.5% at 195.00 pence on Wednesday in London.

Based on the information gathered to date, Gateley said its security was effective in limiting the impact of the incident, however the company took some of its systems offline while it made the necessary investigations in the incident, supported by a cyber security support team.

To date, the company has found that the incident has been confined to around 0.2% of its data, which has been traced and deleted from the location. However, the affected data does include some client data, and the affected parties are to be notified once investigations are completed further.

Gateley has slowly brought back its core systems to allow staff to work and communicate with clients, and has reported no impairment in the company's financial performance.

"IT security is of paramount importance to Gateley and we had carefully planned for the occurrence of risk that a cyber breach could have on the business. Incidents of this nature are, sadly, prevalent. I am grateful that the prompt actions of our IT team have limited the impact of this incident and enabled us to resume our business operations swiftly," said Chief Executive Officer Rod Waldie.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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