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Linedata Suffers Cyberattack on Asset Management Domain

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Linedata Suffers Cyberattack on Asset Management Domain

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An update from Linedata Services ( (FR:LIN) ) is now available.

Linedata has experienced a cyberattack affecting its Asset Management business line, with data being maliciously encrypted. The company is conducting an in-depth investigation with cybersecurity experts and has taken immediate measures to contain the threat and protect client data. Efforts are underway to restore systems securely, and a complaint has been filed with judicial authorities. Linedata’s CEO expressed regret over the incident and assured clients of the company’s commitment to mitigating its effects and resuming normal operations.

More about Linedata Services

Linedata is a global provider of solutions and outsourcing services for asset management, insurance, and credit professionals. With 25 years of experience, the company operates in 50 countries, serving 700 clients with a workforce of 1300 employees. Linedata is listed on Euronext Paris and achieved a turnover of €183.7 million in 2024.

Average Trading Volume: 1,276

Technical Sentiment Signal: Hold

Current Market Cap: €292.3M

See more data about LIN stock on TipRanks’ Stock Analysis page.

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