Singapore OSV player Vallianz hit by cyber attack

Singapore-based offshore vessel owner and operator Vallianz was the target of a cyberattack, resulting in unauthorized access to the company’s servers. The firm and its parent company, Rawabi Holding Company Limited, responded promptly by containing the incident, activating their business continuity plan, and involving external experts. Despite the attack, preliminary assessments indicate minimal impact on business operations, with ongoing investigations and updates to follow. Shareholders are advised to exercise caution, while another Singaporean company, PSC Corp, reported minimal operational impact from a similar incident.

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