Alarum Technologies Pauses Operations to Determine Cause of Network Outages
MT Newswires Live
Jul 06
Alarum Technologies (ALAR) has paused traffic through certain network services for several days following July 2 and July 3 network incidents, the company said Saturday.
The move is meant to allow the incident to be investigated and determine "whether any malicious activity occurred," the company said.
"The company believes that temporarily pausing traffic through the relevant network services is the most responsible course of action while the investigation is ongoing," the company said.
Shares of the company were down more than 50% in Monday's premarket trading.
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.