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Wytec Expects Significant Financial Loss Following Website Hack

Wytec Expects Significant Financial Loss Following Website Hack

Posted on September 4, 2025September 4, 2025 By CWS

Texas-based communications and security options supplier Wytec Worldwide, Inc. expects important monetary losses because of a cyberattack concentrating on its web site.

The corporate has knowledgeable the SEC that the incident occurred on August 25, when hackers defaced the corporate’s web site. The location was restored from backups after the hack was found, however the attackers defaced it as soon as once more. 

Wytec gives gunshot detection and drug sensing options, in addition to indoor mobile companies. The corporate says its options are used within the training, healthcare, and authorities sectors.

It’s unclear who’s behind the cyberattack. The corporate informed the SEC that it “has acquired no contact from the dangerous actor, neither is it conscious of any purpose for this assault”.

The web site has been taken down whereas Wytec is conducting a evaluation of its total internet platform and implementing additional safety measures to forestall different assaults. 

The location remains to be offline on the time of writing, displaying an underneath upkeep message. 

The FBI has been notified of the incident and the corporate has known as in forensic specialists to help with the investigation. 

“On account of this incident, along with losses arising from the web site being inoperable, the Firm was compelled to cancel a seminar scheduled for September 2, 2025,” Wytec mentioned. “The monetary losses from this incident are tough to quantify at this level, however will possible be important.”Commercial. Scroll to proceed studying.

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Security Week News Tags:Expects, Financial, Hack, Loss, Significant, Website, Wytec

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