TechnologyAccounting SoftwareSage hit by client data breach

Sage hit by client data breach

Accountancy software firm Sage has been hit by a data breach which may have compromised the personal details and bank account details of as many as 300 UK businesses

ACCOUNTANCY SOFTWARE firm Sage has been hit by a data breach which may have compromised the personal details and bank account details of as many as 300 UK businesses.

The FTSE 100 company said at the weekend it was working with the authorities to investigate the breach.

“We believe there has been some unauthorised access using an internal login to the data of a small number of our UK customers,” it said in a statement on its website.

“Our customers are always our first priority so we are communicating directly with those who may be affected and giving guidance on measures they can take to protect their security.”

The breach is understood to have taken place within the last few weeks. The Information Commissioners Office is also understood to be involved in the investigation.

According to the Financial Times, analysts at Citi said the breach would hit “sentiment rather than financials” as less than 1% of the company’s customer base in the UK and Ireland had likely been affected.

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