08:19:25 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



D-Box Technologies Inc
Symbol DBO
Shares Issued 220,225,573
Close 2021-07-13 C$ 0.12
Market Cap C$ 26,427,069
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D-Box Technologies suffers ransomware cyberattack

2021-07-14 09:18 ET - News Release

Mr. David Montpetit reports

D-BOX TECHNOLOGIES ANNOUNCES RANSOMWARE CYBER ATTACK

D-Box Technologies Inc. has been subject to a ransomware cyberattack on its information technology systems. The malware used to perform the attack encrypted electronic data stored on the corporation's network so it cannot be read or used.

The attack took place after the close of business on July 12, 2021, and was detected on the same day, with steps immediately taken to contain and mitigate any potential impact to the corporation's data and operations and start the recovery process. D-Box is still investigating the extent of the attack, but it is anticipated, as the attack affected most of its systems, that D-Box's business operations will be adversely affected for several days and potentially longer, depending how quickly the corporation may recover its data and make full use of its systems.

At present time, there is no evidence that customers' personal information was compromised as a result of this attack, and the corporation generally does not receive personal information from its clients comprising mainly businesses. However, some employee personal information may have been compromised and, if that is the case, the corporation will be taking measures to minimize the impact for affected employees.

Independent cybersecurity experts were brought in to assist the corporation in dealing with the matter in accordance with industry best practices.

About D-Box Technologies Inc

D-Box creates and redefines realistic, immersive entertainment experiences by moving the body and sparking the imagination through effects: motion, vibration and texture. D-Box has collaborated with some of the best companies in the world to deliver new ways to enhance great stories. Whether it is movies, video games, music, relaxation, virtual reality applications, themed entertainment or professional simulation, D-Box creates a feeling of presence that makes life resonate like never before. D-Box Technologies is headquartered in Montreal with offices in Los Angeles, United States, and Beijing, China.

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