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$1.15 latitude group holdings limited

Ann: Cyber Incident, page-28

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3,115 Posts.

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28/03/23

21:29

Post #: 67008067
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Originally posted by Juke77: ↑

pretty sure Lattitude will not survive this hack, clearly management was focussed on growth and nothing on data security. Now any growth is down the toilet and likely to be flushed out to sea entirely.
With fines, class actions, customer rectification costs coming up i sold the lot before the ship sinks.

Now hoping Judo Bank does not have same problem.

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They'll survive. It's owned by 2 institutions and they can restructure it privately if need be but it's a $140 million hit, won't kill them.

LFS Price at posting: $1.16 Sentiment: None Disclosure: Not Held
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