28-Oct-2026 16:19:03
INTELLECT : REPORTS CYBER SECURITY INCIDENT AT CANADIAN SUBSIDIARY
• Employee email account at the Canadian subsidiary was compromised and an unauthorized party used it to send fake payment instructions to a customer • Company became aware of the incident on October 22, 2026; disclosure made after preliminary assessment • No outflow of funds from the Company's bank accounts • No material bearing on financial position or operations; no impact on products, platforms or business operations • No person from the Company found to be involved • Police complaint filed in Canada; bank holding the beneficiary account asked to freeze and recover funds; independent cyber-security firm engaged Impact: Neutral (Company states no financial or operational impact; fraud attempt at foreign subsidiary carries reputational watch)
Intellect Design Arena Ltd
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