NFT Investments PLC hit by US$250,000 phishing attack, implements incident response plan

NFT Investments PLC (AQSE:NFT), an AQSE-quoted incubator specialising in the NFT market, has reported that it is currently managing a cyber security incident after discovering a fraudulent phishing attack from an unknown external source on 9 January 2023.

The attack resulted in the loss of US$250,000 (£205,000) of the company’s assets, representing less than 1% of NFTs’ current net asset value. 

“The board has seen no evidence that the financial performance of the company has been impaired,” the company stated, continuing: “On becoming aware of the attack, NFT immediately implemented its incident response plan and will commission a third-party report to investigate the circumstances of the incident.”

Separately, NFT Investments is examining additional technical precautions in its systems and controls in order to prevent a similar event from occurring in the future.

 The group will inform the market if there are any changes to the situation.

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