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Tharisa reports cybersecurity breach, operations continue

Published 19/12/2024, 12:02
THG
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PAPHOS, Cyprus - Tharisa PLC, a Cyprus-incorporated resource group, announced today that it is currently addressing a cybersecurity incident following the detection of unauthorized activity on its network. Despite the breach, the company confirmed that its operations have not been disrupted due to robust business continuity plans.

Upon discovery of the incident, Tharisa acted swiftly to disconnect affected systems as part of its emergency response protocol. The company's in-house IT team, together with cybersecurity and forensic experts, are engaged in efforts to restore the impacted systems.

The authorities have been notified about the incident, as Tharisa undertakes an in-depth investigation. The company has pledged to keep all relevant stakeholders informed in accordance with its legal and regulatory responsibilities.

Tharisa plays a significant role in the energy transition and decarbonization of economies. It is involved in the exploration, mining, and processing of Platinum Group Metals (PGMs) and chrome concentrates. The firm is known for its Tharisa Mine in South Africa and is developing the Karo Platinum Project in Zimbabwe.

The company's commitment to reducing its carbon footprint is evidenced by its 15-year Power Purchase Agreement with Etana for renewable energy and a 40 MW solar project, aiming for a 30% carbon reduction by 2030 and net carbon neutrality by 2050.

Tharisa PLC is listed on the Johannesburg Stock Exchange (JSE:THA), London Stock Exchange (LON:LSEG) (LSE:THS), and A2X Markets. This cybersecurity incident is the latest update provided by the company, based on a press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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