Travelite Holdings Hit by Major Cyberattack

Travelite Holdings Ltd. (DE:DMA1) has released an update.

Travelite Holdings Ltd. has reported a significant cybersecurity breach involving a ransomware attack on its IT servers, which contained sensitive company, employee, and customer information. The company is actively engaged in resolving the issue with the help of IT and legal experts, and has negotiated a potential ransom payment of up to US$250,000. Authorities and relevant organizations, including the police and the Personal Data Protection Commission of Singapore, have been notified.

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