CTOS estimates RM12mil profit hit from cyber incident


The company said the estimates remain subject to review as further information becomes available.

PETALING JAYA: CTOS Digital Bhd estimates that the financial impact to the company from the Sept 23 cybersecurity incident will likely amount to RM12mil in profit after tax and minority interest (Patami) and RM16mil in revenue for the financial year ending Dec 31, 2026.

The company said in a stock exchange filing that the estimated impact on the third quarter ended Sept 30, 2026 (3Q26) Patami amounted to RM5mil while for 4Q26, it amounted to RM7mil. It estimates 3Q26 and 4Q26 revenue impact at RM3mil and RM13mil, respectively.

“These estimates are preliminary and take into account the expected duration of the service interruption, together with the costs associated with remediation and restoration efforts,” it said.

The estimates remain subject to review as further information becomes available.” It added that for every week certain services remain unavailable, the company would lose RM1.3mil in Patami and RM2.5mil in revenue.

It noted that credit reporting services such as CTOS Score and CCRIS-related reports, remain temporarily unavailable.

“The company is working towards resuming the impacted services as soon as possible, subject to the satisfactory completion of remediation and independent validation,” it said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

High inventory to weigh on CPO prices
AHB Holdings forms power generation JV
Kinergy boosts DC presence with RM47.5mil deal
Al-Aqar�Healthcare-REIT to issue RM639mil sukuk
Europe’s mass market car industry calls for support
Land 33 in RM32.3mil land purchase
Mentiga Corp to get new major shareholder
Sime Darby to appeal RM150mil tax
Resilient industrial output likely in near term
Lianson Fleet in RM93.9mil bulk carrier buy

Others Also Read