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Dewan Farooque Motors Hit by Cyberattack, Data Corrupted

  • Dewan Farooque Motors postponed its Board of Directors meeting due to a severe cyberattack.
  • IT servers crashed and data was corrupted, particularly affecting financial data and systems.
  • Restoration of financial and information systems will take time, delaying the announcement of a new meeting date.
  • The incident was reported to the Securities and Exchange Commission, causing a drop in DFML's share price.

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