Repligen Discovers Unauthorized Access To Information Systems; Engages Cybersecurity Experts And Notifies Law Enforcement; Incident Has Not Impacted Business Operations Or Financial Condition; Investigation Ongoing To Determine Full Impact And Necessary Notifications
Portfolio Pulse from Benzinga Newsdesk
Repligen has discovered unauthorized access to its information systems. The company has engaged cybersecurity experts and notified law enforcement. The incident has not impacted business operations or financial condition. An investigation is ongoing to determine the full impact and necessary notifications.
July 15, 2024 | 8:08 pm
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NEUTRAL IMPACT
Repligen has experienced unauthorized access to its information systems but reports no impact on business operations or financial condition. The company is working with cybersecurity experts and law enforcement, and an investigation is ongoing.
The news of unauthorized access to Repligen's information systems could raise concerns among investors about potential future risks. However, the company has stated that there is no impact on its business operations or financial condition, which should mitigate immediate negative reactions. The involvement of cybersecurity experts and law enforcement, along with an ongoing investigation, indicates that the company is taking appropriate steps to address the issue.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100