Sopra Steria Group : Sell-off already looks overdone relative to the potential impact of the cyber attack
>Sopra Steria victim of an attack by ransomware on 20 October - Sopra Steria announced on Wednesday 22 October after the market close that it had detected a cyber attack on its computer network on the evening of 20 October. We understand that it was an attack carried out on the global scale of the group via Ryuk ransomware which apparently encrypted part of its computer network. The aim of the hackers was to obtain a ransom.Sopra Steria immediately set up a crisi...Sopra Steria Group is a global player in IT services, with operations in consulting, software development, and integration. In addition to France, Co. operates in the United Kingdom, Spain, Italy, Switzerland, Germany, and Belgium, assisting its clients in managing the transformation of their businesses and information systems. Co. divides its operation into three categories: Consulting, Systems and Solutions Integration, and Software Development; which it spreads among eight major verticals: Financial Services, Insurance and Social Welfare, Public Sector, Telecom Operators, Aerospace and Defense, Energy, Transport and Courier Services, and Retail.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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