Holiday Inn-owner IHG hit by 'unauthorised activity' in tech systems

(Reuters) -Holiday Inn owner IHG said on Tuesday that bookings on its websites and apps were facing disruptions after its technology systems were hit by "unauthorised activity".

IHG said it was assessing the nature, extent and impact of the incident and had implemented its response plans.

The company, which has appointed external specialists to investigate the incident and is in the process of notifying regulatory authorities, said its hotels were still able to operate despite the disruption.

The incident comes amid increased scrutiny on appropriate defences against cyber attacks, particularly on western financial institutions, in the wake of heightened geopolitical tensions following Russia's invasion of Ukraine early this year.

(Reporting by Sinchita Mitra in Bengaluru; Editing by Anil D'Silva)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Exclusive-Microsoft to keep shareholder proposal rights through 2027, even as SEC reduces oversight
• South Korea's Lee, Trump welcome progress in US strategic investment projects
• Meta bull case increasingly playing out, Mizuho says