100 company Sage announces data breach, shares drop 3.9% - BLACKMORE RICOTECH

100 company Sage announces data breach, shares drop 3.9%

18th August 2016

Business management software company Sage has announced a data breach – causing share prices to fall.

Sage notified roughly 280 of its UK business customers that their data, including employee financial and salary data, may have been affected by a breach.

According to theantisocialengineer.com, the breach was conducted by an employee but it is unclear if the data was stolen or just viewed.

‘Internal login’

“We are investigating unauthorised access to customer information using an internal login,” Sage said on Saturday.

“We cannot comment further whilst we work with the authorities to investigate — but our customers remain our first priority and we are speaking directly with those affected.”

The City of London police are investigating the case, and the ICO has been informed.

Article Courtesy of http://www.itgovernance.co.uk/

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