Source - Alliance News

Sabre Insurance Group PLC - Dorking, England-based motor insurance underwriter - Says that on Thursday last week it was hit by a cyber attack. Notes that its IT security controls worked promptly and effectively, meaning the company believes the attack was ‘contained’ before the attacker was able to access any ‘sensitive areas’ of its systems.

‘Due to the effective segregation of the company’s systems, customers have continued to be able to make changes to existing policies, report claims and buy new policies securely,’ Sabre says.

‘We do not believe any sensitive customer data has been accessed or that there will be any material financial impact as a result of this incident.’

Current stock price: 144.00 pence, down 2.8% in London on Wednesday

12-month change: up 48%

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