MotorCycle Holdings Suspends Use of youX Platform After Data Breach

MT Newswires Live

02/18

MotorCycle Holdings (ASX:MTO) said it has suspended use of the youX platform after it was made aware that a cyber criminal has unlawfully gained access to systems operated by youX, according to a Wednesday Australian bourse filing.

youX a third-party software platform, which the company uses to facilitate finance applications by some customers, the filing added.

The customers potentially affected by the incident are those who financed a vehicle purchase with assistance from the company from July 2023 onwards.

The company added that the platform is not material to its ongoing operations and the impact of the breach is not expected to materially affect its financial results.

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