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Home Companies

Paratus Namibia hit by cyberattack

by editor
February 19, 2025
in Companies
5
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Paratus Namibia Holdings Limited has confirmed a cybersecurity incident affecting its internal IT systems.

The listed telco made the announcement as part of a filing to the Namibia Securities Exchange, notifying stakeholders of unauthorized activity detected within its systems.

“The incident has disrupted certain information systems that, in turn, has affected the Company’s operations,” Paratus Namibia said on Wednesday.

“Our robust and resilient processes and procedures, which incorporate our business continuity response plans, immediately took all affected systems offline to contain the attack, whilst allowing our technicians to investigate the matter.”

The company said its internal incident response team, in collaboration with independent international legal, forensic, and cybersecurity experts, are working to determine the scope of the breach and restore its systems.

“This combined team has been working around the clock to bring the affected systems back online, on a risk-managed basis in line with best practice,” the company said.

“The Company takes the confidentiality, privacy, and security of the information it holds very seriously and has taken the necessary steps to report the incident to the relevant regulatory authorities.”

Paratus Namibia said investigations into the incident are ongoing.

“Investigations into the incident are ongoing and we remain committed to promptly notifying all relevant stakeholders as and when material developments arise in line with our applicable legal obligations,” the company said.

This breach follows closely on the heels of Telecom Namibia, which was also targeted by a ransomware attack earlier this year. The cyberattack, orchestrated by the group Hunters International, led to the exfiltration of 626.3GB of data, including sensitive customer records such as IDs and addresses.

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