Australia's Evolution Mining targeted in latest cyber attack
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 12 2024
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Should l Buy ?
Source: Reuters
Cyber Attack on Evolution Mining: Evolution Mining reported a cyber attack last week, part of a broader trend affecting Australian firms, although the breach has been contained and is not expected to impact operations significantly.
Rising Cyber Crime in Australia: Cyber crime reports in Australia increased by nearly 25% in the past year, with major companies like Optus and Woolworths also experiencing data breaches, highlighting vulnerabilities in the country's cyber security infrastructure.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
