Organization said it suffered ‘unauthorized access’ to systems
Shipping giant Swire Pacific Offshore (SPO) has announced a data breach after it fell victim to a cyber-attack.
The maritime organization, which is headquartered in Singapore, said in a press release that it had suffered “unauthorized access to its IT systems”.
It reads: “The unauthorized access has resulted in the loss of some confidential proprietary commercial information and has resulted in the loss of some personal data.”
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While the company did not share any details about the cyber-attack, it did note that the incident was reported to the relevant authorities, presumably Singapore’s Personal Data Protection Committee (PDPC).
SPO also said it has taken measures to “reinforce” existing security protocols and mitigate further attacks.
It also reported that none of its global operations were affected.
SPO said that “it takes a serious view of any cyber-attack or illegal accessing of data or any unlawful action that potentially compromises the privacy or confidentiality of data, and will not be threatened by such actions”.
“SPO is also working closely with data security experts to investigate the incident and determine what further actions it may need to take and will take all necessary steps to protect its customers and staff, now and in the future,” SPO concluded.
BACKGROUND Singapore to introduce mandatory data breach notification law
Singapore’s data protection laws include a mandatory data breach notification rule that enforces organizations to report such incidents to the government.
As previously reported by The Daily Swig, those found to be in breach of the law face a fine of S$10,000 (around US$7,300) or a two-year prison sentence.
SPO is part of Swire Group, a global conglomerate whose portfolio includes Cathay Pacific Airways.
The Daily Swig has reached out to SPO for more information.
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