InfraCom: Redeye comments on reported data breach

Research Note

2024-10-16

14:51

Redeye comments on InfraCom's reported data breach, affecting over 10,000 persons. The breach reportedly occurred in late September 2024. While the direct financial impact appears limited, the negative publicity could lead to customers reassessing InfraCom as a supplier. Before this incident, Redeye believes InfraCom had lost trust from some investors, resulting in a discount. Redeye believes the sharp share reaction indicates a steeper discount due to this event. Redeye is seeking InfraCom for comments.

Rasmus Jacobsson

Fredrik Reuterhäll

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