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CTOS estimates RM12mil profit hit from cyber incident
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PETALING JAYA: CTOS Digital Bhd estimates that the financial impact to the company from the Sept 23 cybersecurity incident will likely amount to RM12mil in profit after tax and minority interest (Patami) and RM16mil in revenue for the financial year ending Dec 31, 2026.

The company said in a stock exchange filing that the estimated impact on the third quarter ended Sept 30, 2026 (3Q26) Patami amounted to RM5mil while for 4Q26, it amounted to RM7mil. It estimates 3Q26 and 4Q26 revenue impact at RM3mil and RM13mil, respectively.

“These estimates are preliminary and take into account the expected duration of the service interruption, together with the costs associated with remediation and restoration efforts,” it said.

The estimates remain subject to review as further information becomes available.” It added that for every week certain services remain unavailable, the company would lose RM1.3mil in Patami and RM2.5mil in revenue.

It noted that credit reporting services such as CTOS Score and CCRIS-related reports, remain temporarily unavailable.

“The company is working towards resuming the impacted services as soon as possible, subject to the satisfactory completion of remediation and independent validation,” it said.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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