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Ransomware Attack on Diamond Electric’s Overseas Subsidiary

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Ransomware Attack on Diamond Electric’s Overseas Subsidiary

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Diamond Electric Holdings Co., Ltd. ( (JP:6699) ) just unveiled an announcement.

Diamond Electric Holdings Co., Ltd. announced a ransomware attack on its subsidiary, Thai Diamond & Zebra Electric Co., Ltd., which led to unauthorized access and data encryption on local servers and personal computers. The company has taken immediate measures to contain the incident, including disconnecting affected systems and collaborating with cybersecurity experts to assess the damage and prevent future occurrences. While the financial impact is expected to be minor, the company is committed to strengthening its cybersecurity measures and will keep stakeholders informed of any significant developments.

The most recent analyst rating on (JP:6699) stock is a Hold with a Yen637.00 price target. To see the full list of analyst forecasts on Diamond Electric Holdings Co., Ltd. stock, see the JP:6699 Stock Forecast page.

More about Diamond Electric Holdings Co., Ltd.

Diamond Electric Holdings Co., Ltd. operates in the electrical industry, focusing on the production and distribution of electrical components and systems. The company serves both domestic and international markets, with a strong presence in Japan and overseas through its subsidiaries.

Average Trading Volume: 17,422

Technical Sentiment Signal: Hold

Current Market Cap: Yen4.99B

For a thorough assessment of 6699 stock, go to TipRanks’ Stock Analysis page.

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