(Alliance News) - RWS Holdings PLC on Friday said it has been hit by a cyber attack, but reassured investors that any related costs are not expected to be material.
The Buckinghamshire, England-based technology-enabled language services provider said it has detected evidence of unauthorised external access to a legacy project management workflow application.
The application supports a "small part" of its Regulated Industries division. It is used primarily for project management of client work, but holds no client-generated content, RWS noted.
Upon discovery of the unauthorised access, RWS said it immediately enacted its contingency protocols, temporarily shutting the application down.
It also appointed security experts to investigate the circumstances and scope of the incident. They have since confirmed that the unauthorised access was restricted to the application concerned.
The company noted that the individuals affected by the cyber attack has been contacted.
RWS said the application has now been securely restored and is in operation.
"RWS confirms that no other part of the Group has been affected. Based on current estimates, any financial impact and incremental costs to RWS are not expected to be material," the company added.
RWS plans to issue its half-year trading statement on April 25.
Shares in RWS were up 0.6% to 286.80 pence each in London on Thursday morning.
By Sophie Rose, Alliance News reporter
Comments and questions to email@example.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.