Microlise Group PLC on Wednesday said it expects services to return to normal by the end of next week, following a cyber security incident.

Microlise is a Nottingham, England-based provider of transport technology solutions to fleet operators.

Microlise reported a cyber incident last week after detecting unauthorised activity on the Microlise network, resulting in disruption to services which are currently inactive.

Microlise said it has made ‘substantial progress’ in containing and clearing the threat from its network.

The company also said it remains confident that no customer systems data has been compromised.

However, it said that some employee data may have been impacted.

Microlise added that the incident is not expected to have a ‘material adverse impact’ on its forecasts or financial decisions.

Microlise shares were up 10% at 115.00 pence in London on Wednesday afternoon.

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