tiprankstipranks
Trending News
More News >

Resonac Holdings Reports on Cyberattack Recovery Efforts

Story Highlights
Resonac Holdings Reports on Cyberattack Recovery Efforts

Don’t Miss TipRanks’ Half-Year Sale

Showa Denko KK ( (JP:4004) ) has shared an update.

Resonac Holdings Corporation has experienced a cyberattack involving ransomware, leading to unauthorized modifications to files on its servers and PCs. The company has been working to restore systems and resume normal operations while investigating the incident with external specialists and coordinating with law enforcement and government agencies. As of June 3, operations for certain businesses have resumed, and there have been no confirmed information leaks. Resonac is implementing comprehensive countermeasures to prevent future incidents and assessing the potential impact on business performance.

The most recent analyst rating on (JP:4004) stock is a Hold with a Yen4100.00 price target. To see the full list of analyst forecasts on Showa Denko KK stock, see the JP:4004 Stock Forecast page.

More about Showa Denko KK

Average Trading Volume: 1,557,386

Technical Sentiment Signal: Sell

Current Market Cap: Yen556.5B

See more data about 4004 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1