Al-Khodari says major part of data recovered post cyber-attack, work underway to restore servers

Logo of Abdullah A.M. Al-Khodari Sons Co.

Abdullah A.M. Al-Khodari Sons Co. (Al-Khodari) said in bourse filing that after the company’s servers were exposed to a cyber-attack (ransomware), resulting in the encryption of all data, a specialized team in this field has been hired to cooperate with its IT department.

A major part of the data, information and files were recovered and work is underway to recover the rest of the information and make the necessary investigations.

The company's systems are being reinforced with the necessary protection and storage mechanisms for safe copies, in preparation for resuming work on the systems normally.

It is currently difficult to determine the financial impact resulting from the event, the company said, adding that any further developments will be disclosed in due manner.

According to data compiled by Argaam, Al-Khodari announced that the company’s servers were targeted by a cyber-attack (ransomware) on Aug. 7, which resulted in the encryption of all the data.