Morgan Advanced Materials hit by attempted cyber attack

(Sharecast News) - Morgan Advanced Materials said it had been the victim of an attempted cyber hack on its computer network.

The specialist product maker did not reveal the extent of the attack or whether any systems had been compromised, other than revealing that measures had been taken to contain the incident and "remediate and restore systems".

"Upon becoming aware of the incident, the company immediately launched an investigation, engaged its specialist support services and has implemented its incident response plans," it said on Tuesday.

"Morgan will continue to assess the potential impact of the incident and is taking steps to ensure that its businesses can continue to trade with its customers and suppliers. A further update will be provided as and when appropriate."

Reporting by Frank Prenesti for Sharecast.com