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18-06-2023

Kenanga Investors Berhad

Extreme Precautionary Measures

Dear Valued Investors,


I hope this letter finds you in good health and high spirits. I am writing to address a recent incident that has caused concern among our investors and stakeholders regarding a probable cyber security attack on our systems.


Following a thorough investigation conducted by our IT security, we have determined that the incident was caused by an internal system issue rather than an external threat.


Our investigation revealed that the incident was triggered by a technical glitch within our vendor application, resulting in certain anomalies that were initially misidentified as potential signs of a cyber-attack. Our immediate precautionary actions such as informing our investors early and “lock-down” of our portals and system whilst we conducted a thorough investigation on the anomalies were necessary, in accordance to our commitment to the highest standards of data security and privacy. 


We have continuously enhanced our cybersecurity measures to ensure swift and early detection, such as the one in this incident. This includes implementing advanced firewalls, conducting regular vulnerability assessments, and providing comprehensive employee training on cyber hygiene and best practices. 


I would like to express my sincere gratitude for your patience and understanding throughout this incident. We deeply value your trust in our organization, and we will continue to work diligently to safeguard your investments and provide you with the best possible service. 


Should you require additional information, please do not hesitate to reach out to your dedicated advisers, relationship managers or our customer service team. We are always available to assist you and our portals are now accessible to you.


Once again, we deeply regret any inconvenience or anxiety this may have caused you but the extreme precautionary actions were necessary.


Thank you for your continued support.


Sincerely,


Datuk Wira Ismitz Matthew De Alwis

Executive Director / Chief Executive Officer 

Kenanga Investors Berhad