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{"id":31877,"date":"2023-05-11T22:02:47","date_gmt":"2023-05-11T22:02:47","guid":{"rendered":"https:\/\/scienceandnerds.com\/2023\/05\/11\/australian-software-giant-wont-say-if-customers-affected-by-hack\/"},"modified":"2023-05-11T22:02:48","modified_gmt":"2023-05-11T22:02:48","slug":"australian-software-giant-wont-say-if-customers-affected-by-hack","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2023\/05\/11\/australian-software-giant-wont-say-if-customers-affected-by-hack\/","title":{"rendered":"Australian software giant won\u2019t say if customers affected by hack"},"content":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/05\/11\/australia-technologyone-cyberattack\/<\/a><\/br>
\nAustralian software giant won\u2019t say if customers affected by hack<\/br>
\n2023-05-11 22:02:47<\/br><\/p>\n

\n
\n\t\t\t\n\t\t<\/div>\n<\/p><\/div>\n
\n

Australian enterprise software company TechnologyOne has halted trading after confirming it was hit by a cyberattack.<\/p>\n

In a stock exchange filing<\/a> on Wednesday, the Brisbane-based software maker said it had detected that \u201can unauthorized third-party acted illegally to access its internal Microsoft 365 back-office system.\u201d<\/p>\n

TechnologyOne said the company\u2019s customer-facing platform is not connected to the affected Microsoft 365 system and \u201ctherefore has not been impacted,\u201d but when reached, the company would not say if any customer or employee data had been accessed as a result of the wider incident.<\/p>\n

Brendan Altadonna, who represents TechnologyOne on behalf of a third-party public relations agency, declined to answer TechCrunch\u2019s other questions. Altadonna said that the company will only be able to provide further details once its investigation has progressed.<\/p>\n

The nature of the incident remains unknown.<\/p>\n

Brett Callow, threat analyst at Emsisoft, told TechCrunch that while details about the incident are vague, TechnologyOne may have fallen victim to ransomware. \u201cStatistically speaking, the most likely explanations are either a ransomware attack or the systems being proactively taken offline to prevent a ransomware attack after the detection of an intrusion,\u201d Callow said.<\/p>\n

The cyberattack has not yet been claimed by any of the major ransomware groups. It\u2019s not uncommon for ransomware actors to publish stolen information as part of efforts to extort victims.<\/p>\n

TechnologyOne claims to be Australia\u2019s largest software company, and says its \u201cdeeply integrated\u201d technology is used by more than 1,300 organizations, including government agencies, local councils and universities. The company\u2019s flagship cloud-based enterprise resource planning (ERP) product helps its corporate customers manage their business operations.<\/p>\n

TechnologyOne is the latest Australian technology company to confirm a breach in recent months, following a spate of high-profile cyberattacks that compromised millions of citizens\u2019 personal information.<\/p>\n

In September, Australia telecoms giant Optus said that current and former customer data \u2014 including driver\u2019s license and passport numbers \u2014 was accessed following a cyberattack on its systems<\/a>. By November, Australian health insurance giant Medibank confirmed hackers<\/a> stole 9.7 million customers\u2019 personal details and health claims data for almost 500,000 people.<\/p>\n<\/p><\/div>\n

<\/br><\/br><\/br><\/p>\n

Science, Tech, Technology<\/br>
\n<\/br>
\nSource:https:\/\/techcrunch.com\/2023\/05\/11\/australia-technologyone-cyberattack\/<\/a><\/br><\/br><\/p>\n","protected":false},"excerpt":{"rendered":"

Source:https:\/\/techcrunch.com\/2023\/05\/11\/australia-technologyone-cyberattack\/ Australian software giant won\u2019t say if customers affected by hack 2023-05-11 22:02:47 Australian enterprise software company TechnologyOne has halted trading after confirming it was hit by a cyberattack. In a stock exchange filing on Wednesday, the Brisbane-based software maker said it had detected that \u201can unauthorized third-party acted illegally to access its internal Microsoft […]<\/p>\n","protected":false},"author":1,"featured_media":31878,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26,17,8],"tags":[],"class_list":["post-31877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-science","category-tech","category-technology"],"yoast_head":"\nAustralian software giant won\u2019t say if customers affected by hack - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2023\/05\/11\/australian-software-giant-wont-say-if-customers-affected-by-hack\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian software giant won\u2019t say if customers affected by hack - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source:https:\/\/techcrunch.com\/2023\/05\/11\/australia-technologyone-cyberattack\/ Australian software giant won\u2019t say if customers affected by hack 2023-05-11 22:02:47 Australian enterprise software company TechnologyOne has halted trading after confirming it was hit by a cyberattack. 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