Cloudified Holdings Limited NPV (DI) (CHL)

Sector:

IT Services

 2.25p
   
  • Change Today:
      0.000p
  • 52 Week High: 67.50p
  • 52 Week Low: 2.25p
  • Currency: UK Pounds
  • Shares Issued: 5.26m
  • Volume: 0
  • Market Cap: £0.12m
  • RiskGrade: 45

Falanx reassures over SolarWinds cyberattack

By Josh White

Date: Friday 18 Dec 2020

LONDON (ShareCast) - (Sharecast News) - Cybersecurity company Falanx Group updated the market on the supply chain attack on the 'SolarWinds Orion' platform software on Friday, noting that it did not use the product as part of its Triarii technology stack.
The AIM-traded firm said SolarWinds had announced a "highly sophisticated" manual supply chain attack on the Orion platform software on 14 December, with SolarWinds claiming that the attack was likely conducted by an outside nation state, and intended to be a "narrow, extremely targeted, and manually executed" incident, as opposed to a broad, system-wide attack.

Falanx said the managed service provider (MSP) community it worked with primarily used SolarWinds MSP products, namely 'RMM' and 'N-central'.

It said that, based on SolarWinds' current investigation, they had found no evidence that the SolarWinds MSP products were vulnerable to the supply chain attack.

While it was possible that Falanx's MSP customers or their end-customers may have procured the Orion platform product, it said it was working closely with its MSP partners to ensure that they were not impacted by the event.

It said it was performing the appropriate diligence in any estate where its monitoring service had been deployed.

At 0846 GMT, shares in Falanx Group were down 4% at 0.84p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CHL Market Data

Currency UK Pounds
Share Price 2.25p
Change Today 0.000p
% Change 0.00 %
52 Week High 67.50p
52 Week Low 2.25p
Volume 0
Shares Issued 5.26m
Market Cap £0.12m
RiskGrade 45

CHL Star Ratings

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Value
73.41% above the market average73.41% above the market average73.41% above the market average73.41% above the market average73.41% above the market average
42.50% above the sector average42.50% above the sector average42.50% above the sector average42.50% above the sector average42.50% above the sector average
Value
73.41% above the market average73.41% above the market average73.41% above the market average73.41% above the market average73.41% above the market average
42.50% above the sector average42.50% above the sector average42.50% above the sector average42.50% above the sector average42.50% above the sector average
Income Not Available
Growth Not Available

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