Helsingin sanomat newspaper says that the current owner of Vastamo is demanding the dissolution of the acquisition and the refund of the purchase price.
Intera Partners’ holding company PTK Midco considers it obvious that Vastamo’s former CEO Ville Tapio was aware of the breach and blackmail message during the negotiation phase of the acquisitions and the settlement of the acquisitions, but did not report them to the prospective owner.
PTK Midco says the data breach and data leak will cause significant financial damage. In addition, it is possible that Vastamo will no longer have the operating conditions, in which case its shares will lose all their value.
“If the applicant had been informed of the breach during the negotiation of the transaction, the applicant would not have completed the transaction,” PTK Midco states in the seizure application.
The District Court confiscated Tapio’s property worth nearly ten million euros as a temporary precautionary measure.
According to HS. Tapio also rolls responsibility for the case to two employees of Vastamo.
Tapio tells the district court that “based on the results of the public Shodan search engine used in Nixu’s technical investigation, the server that contained the patient database has been open to the Internet from November 2017 to March 2019 without firewall protection”.
Tapio says the vulnerability arose from the actions and omissions of two employees. Either one or both employees became aware of the breach in March 2019, as the employees’ common username has been used to read the blackmail message sent to the Office. However, according to Tapio, the employees did not tell him about it.
The criminal investigation into the hacker’s hacking continues.
Source: Tivi by www.tivi.fi.
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