Volex PLC on Monday noted a cyber incident which has resulted in unauthorised access to certain IT systems and data.

Volex is a Basingstoke, England-based specialist integrated manufacturer of critical power and data transmission products. Its shares were down 3.3% to 300.35 pence each in London on Monday morning.

‘On becoming aware of the incident, the Group enacted its established IT security protocols and took immediate steps to stop the unauthorised access to its systems and data. Specialist, third party consultants have been engaged to investigate the nature and extent of the incident, and to implement the incident response plan,’ Volex said.

It noted that the actions taken to date have ensured that all sites remain operational, with minimal disruption to global production levels, and the company continues to trade with its customers and suppliers.

At this stage, any financial impact resulting from the incident is not expected to be material, the company added.

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