- Intellectual property specialist IPH (IPH) has been hit by a potential cyber security breach at its head office and two member firms in Australia
- The company says it is investigating unauthorised access to a portion of its ‘IT environment’, though this investigation could take some time
- The incident relates to the document management systems of IPH’s head office and practice management systems of the Spruson & Ferguson and Griffith Hack firms
- IPH has notified the Australian Cyber Security Centre (ACSC) and is working to determine if these systems were accessed by an unauthorised this party
- IPH shares are down 12.34 per cent and trading at $7.36 at 2:04 pm AEDT
Intellectual property specialist IPH (IPH) has been hit by a potential cyber security breach at its head office and two member firms in Australia.
The company said it was investigating unauthorised access to a portion of its ‘IT environment’, though this investigation could take some time.
IPH has notified the Australian Cyber Security Centre (ACSC) of the incident, which involved the document management systems (DMS) of member firms Spruson & Ferguson and Griffith Hack.
The information that could have been be obtained from the DMS includes documents relating to the administration of these entities and client documents and correspondence.
The PMS contains IP case management information, such as filing timelines relating to the practice of the two IPH member firms.
IPH said it was working to determine whether the information on these systems had been accessed by an unauthorised third party.
The company is working with leading external cyber security and forensic IT advisors to respond and conduct a forensic investigation.
A business continuity plan (BCP) has been activated so that systems can remain functional and use alternative processes, albeit with some disruption.
IPH said it would update its clients, shareholders, and key stakeholders as it
established further facts about the investigation.
IPH shares are down 12.34 per cent and trading at $7.36 at 2:04 pm AEDT.