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NFT Investments hit by US$250,000 phishing attack, implements incident response plan

Published 12/01/2023, 08:02
Updated 12/01/2023, 08:10
© Reuters NFT Investments hit by US$250,000 phishing attack, implements incident response plan

Proactive Investors - NFT Investments PLC (AQUIS:NFT), an AQSE-quoted incubator specialising in the NFT market, has reported that it is currently managing a cyber security incident after discovering a fraudulent phishing attack from an unknown external source on January 9.

The attack resulted in the loss of US$250,000 (£205,000) of the company's assets, representing less than 1% of NFTs’ current net asset value.

“The board has seen no evidence that the financial performance of the Company has been impaired,” the company stated, continuing: “On becoming aware of the attack, NFT immediately implemented its incident response plan and will commission a third-party report to investigate the circumstances of the incident.”

Separately, NFT Investments is examining additional technical precautions in its systems and controls in order to prevent a similar event from occurring in the future.

The group will inform the market if there are any changes to the situation.

Read more on Proactive Investors UK

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