Iress refutes alleged ‘threat actor’ statements over cyber incident
Iress has issued an update denying the validity of “certain statements” made by an alleged threat actor, following a cyber incident last weekend.
In an ASX announcement on 17 May, Iress said it has become aware of “certain statements made today by the alleged threat actor”. The update comes after the technology firm confirmed that the incident involving the unauthorised access, which was detected on 11 May, extends to OneVue.
“The statements made today do not align with the investigations made by Iress to date,” it said.
“Iress refers shareholders to announcements previously made. Investigations are ongoing and we will continue to keep the market informed.”
At the present moment, it is unclear what statements Iress is referring to and the firm has been contacted by Momentum Media for more information.
Momentum Media’s Cyber Daily senior journalist, David Hollingworth, said he is not aware of any threats publicly made in connection to the Iress breach.
On 15 May, Iress said that during its investigation regarding the earlier reported unauthorised access to its user space on GitHub, it discovered that a credential within Iress’ GitHub user space was stolen and used to gain access to the OneVue production environment.
While this production environment is isolated to the OneVue businesses – MFA, Platform and OneVue Super – it contains client data, Iress confirmed.
It added that it is investigating the “extent and nature of the data accessed”.
“Investigations have substantially progressed across Iress’ other business lines and at this time we have found no evidence that the remainder of Iress’ production environment, software or client data has otherwise been compromised,” the firm said.
“Iress will continue to keep the market informed as the investigation continues.”
Recommended for you
Tribeca Investment Partners has made a distribution hire from Australian Ethical in a newly-created role focused on the national intermediary market.
Asset managers may be urged to diversify their product ranges, but investment executives have warned any M&A deal should avoid simply filling gaps and instead consider long-term value creation.
Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equity firm.
Fund managers are entering 2025 with the most bullish sentiment since August 2021 and record high allocations to US equities, thanks to the incoming Trump administration.
