How Has the Singtel Share Price Responded to the Optus Data Breach?

MotleyFool2022-09-28

Key pointsShares in Optus parent company Singtel have been trading lower since the Optus data hackIt's now reported the hackers have withdrawn their $1 million ransom demand, saying it was a "mistake"...

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Comments

Jayden Chong
2022-09-28
Jayden Chong
[Happy]
- snd:
  Thanks
DarkFate
2022-09-28
DarkFate
Like
xiaobaii
2022-09-28
xiaobaii
like & comment
- JeremyKok:
  hi. please like and comment back. thank you.
johnpang
2022-09-28
johnpang
Ok
LuckyPiggie
2022-09-28
LuckyPiggie
Nothing happened [LOL]
- SR050321ReplyLuckyPiggie:
  Oh dear jialak
- LuckyPiggie:
  dollar and bond yields continue up ... tonite US gonna lau sai
- SR050321:
  Ok
- SR050321:
  [LOL]
- xiaobaii:
  like & comment

Leave a comment

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The information divulged included dates of birth, names, and potentially details from identification documents such as passports and driver’s licences.Some sensitive information was said to be spared in the breach, including payment details and user account passwords.Since the attack, the hacking group has demanded a $1 million ransom not to publish all of the stolen data. To get Singtel to comply with its demands, it released 10,000 customer records, and the group said it would publish a total of 40,000 more records on Tuesday if the ransom went unpaid.Amid The Guardian reporting news of the demand yesterday, Singtel shares have dipped 0.76% today.And a regrettable ransom?However, my colleague Brooke notes that the group may be regretting its act of blackmail. It’s reported an alleged spokesperson from the group said “[they] don’t care anymore” and that it was a “mistake” to publish the stolen records.If there’s no more release of Optus stolen data, it may relieve Singtel investors’ fears that the worst of the attack is over.Singtel acquired Optus in August 2001 and traded on the ASX until 2005. Optus brought in $776 million of cash flow to Singtel over the 12 months ended 31 March 2022.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9918895506,"gmtCreate":1664350702806,"gmtModify":1676537438617,"author":{"id":"4094961541348500","authorId":"4094961541348500","name":"Jayden 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happened&nbsp;[LOL]&nbsp;","listText":"Nothing happened&nbsp;[LOL]&nbsp;","text":"Nothing happened [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/9918172083","repostId":1104864140,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104127805,"gmtCreate":1664348951282,"gmtModify":1664348955050,"authorId":3577965120664925,"author":{"id":3577965120664925,"idStr":"3577965120664925","authorId":3577965120664925,"name":"SR050321","avatar":"https://community-static.tradeup.com/news/7a02781de36c0ac0f4851adb1cee54ff","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-1","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Debut Tiger","description":"Join the tiger community for 500 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</span></span>"},{"id":104127725,"gmtCreate":1664348450336,"gmtModify":1664348454278,"authorId":4107063207857540,"author":{"id":4107063207857540,"idStr":"4107063207857540","authorId":4107063207857540,"name":"LuckyPiggie","avatar":"https://community-static.tradeup.com/news/33330ac1fe6d6c956e10045c870d6f46","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 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sai"},{"id":104127687,"gmtCreate":1664348220712,"gmtModify":1664348223866,"authorId":3577965120664925,"author":{"id":3577965120664925,"idStr":"3577965120664925","authorId":3577965120664925,"name":"SR050321","avatar":"https://community-static.tradeup.com/news/7a02781de36c0ac0f4851adb1cee54ff","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-1","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Debut Tiger","description":"Join the tiger community for 500 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class=\"s1\">Ok</span>"},{"id":104127681,"gmtCreate":1664348189866,"gmtModify":1664348193506,"authorId":3577965120664925,"author":{"id":3577965120664925,"idStr":"3577965120664925","authorId":3577965120664925,"name":"SR050321","avatar":"https://community-static.tradeup.com/news/7a02781de36c0ac0f4851adb1cee54ff","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-1","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Debut Tiger","description":"Join the tiger community for 500 days","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.07.18","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9918172083,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">[LOL]</span>","text":"<span class=\"s1\">[LOL]</span>","html":"<span 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