This was released after the Merkado Barkada financial newsletter reported the extensive nature of the breach by a ransomware group.
This is their full letter below:
Dear clients,
As we had advised on separate occasions, a recent security incident resulted in the theft of some data stored in our computer servers.
We have now ascertained that such data contained largely old source codes and, to the best of our knowledge, the names and addresses of around 1 percent of our clients.
The source codes are now useless to the perpetrators, as our systems have been overhauled with brand new infrastructure. As for the affected clients, we will be contacting them individually to advise of the exposure. It is worth noting that the files containing these names and addresses were encrypted and therefore inaccessible without the decryption key.
We would like to confirm that no financial data has been exposed and we are in constant communication with the regulators on the findings of our investigation. As we close this unfortunate episode, we would like to thank you for your patience and understanding. We hope to continue serving you as your preferred partner in stock market investing.
Sincerely,
The AB Capital Team
