News Highlights: Cyber attack leads to the loss of Isentia H1
A cyber attack cost media monitoring agency Isentia more than $ 4 million and resulted in a loss in the first half.
The company posted a net after-tax loss of $ 5.87 million on Friday from cybercrime and pandemic.
The October cyberattack hindered customers from using Isentia’s Mediaportal software, which helps track media coverage.
It took Isentia about three weeks to fully restore the service, after hiring cybersecurity experts.
The company offered discounts and credit to affected customers, cutting sales by $ 3.3 million.
There were also remediation costs. Isentia said the total impact on earnings was approximately $ 4.4 million for the first half.
Government agencies and businesses use these services …
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