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UK’s Morgan Advanced Materials reports cyber security incident on its network
Global Banking & Finance Review®
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(Reuters) – British industrial firm Morgan Advanced Materials Plc said on Tuesday it was assessing a cyber security incident after detecting unauthorised activity on its network.
(Reuters) – British industrial firm Morgan Advanced Materials Plc said on Tuesday it was assessing a cyber security incident after detecting unauthorised activity on its network.
The company, which makes a wide range of heat-resistant and other industrial materials, said it had launched an investigation and was taking steps to ensure that its businesses could continue to trade with its customers and suppliers.
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Eileen Soreng)
Cyber security refers to the practice of protecting systems, networks, and programs from digital attacks. These attacks often aim to access, change, or destroy sensitive information, or to extort money from users.
An investigation is a systematic process of inquiry aimed at discovering facts or information about a particular event or incident. In business, it often pertains to issues like fraud or security breaches.
Business continuity refers to the planning and preparation to ensure that a company can continue to operate during and after a significant disruption or disaster, such as a cyber attack.
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