Cyberattack: updated information
By Sopra Steria Team
November 27, 2020
21 October, Sopra Steria announced it had detected a cyberattack using a
previously unknown version of the Ryuk ransomware.
This attack was rapidly blocked thanks to in-house IT and cybersecurity teams.
The measures implemented immediately made it possible to contain the virus to
only a limited part of the Group’s infrastructure and to protect its customers
At this stage, Sopra Steria has not identified any leaked data or damage caused
to its customers’ information systems.
The secure remediation plan launched on 26 October is nearly complete. Access
has progressively been restored to workstations, R&D and production servers, and
in-house tools and applications. Customer connections have also been gradually
this period, the Group’s priority has been focused on security and working
closely with its customers.
The remediation and differing levels of unavailability of the various systems
since 21 October is expected to have a gross negative impact on the operating
margin of between €40 million and €50 million. The Group’s insurance coverage
for cyber risks totals €30 million.
Sales activity for the fourth quarter should not be significantly affected by
After including the items mentioned above, for financial year 2020 Sopra Steria
expects to see negative organic revenue growth of between 4.5% and 5.0%
(previously “between -2% and -4%”), an operating margin on business activity of
around 6.5% (previously “between 6% and 7%”), and free cash flow of between €50
million and €100 million (previously “between €80m and €120m”).
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