MotorCycle Holdings Suspends Use of youX Platform After Data Breach

MT Newswires Live
Feb 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10