TechnologyOne is still looking into the effects of the M365 cyber incident

TechnologyOne has announced that it has resolved an incident that occurred earlier this week, which affected its internal Microsoft 365 instance. The software maker stated that the M365 system has been restored successfully and is fully operational. On Wednesday, the company disclosed that its M365 instance had suffered unauthorised access. However, TechnologyOne has confirmed that security experts have confirmed the system’s security and no further illegal activity has been detected. The extent of the unauthorised access remains under investigation, and the company is focusing on determining what data may have been accessed. TechnologyOne has stated that the data in M365 was administrative in nature and reassured customers that its SaaS products remained unaffected.