Access Financial Provides Update on February 7th Cyber Incident.
- Microfinance company, Access Financial Services Limited (AFS) has reported that following a cybersecurity incident detected on February 27, 2025, all systems are now fully operational, and normal operations have resumed.
- In a release shared on the Jamaica Stock Exchange (JSE), the company acknowledged that unauthorised access to its network, which contains personal data, may have occurred. “While we cannot confirm that data was stolen or exfiltrated, we can confirm that personal data was accessed by persons outside the organization”, the statement read.
- The cyber-attack on AFS, has renewed concerns about cybersecurity in Jamaica, which hasn’t spared government entities. Most notably, the Bureau of Standards Jamaica (BSJ) fell victim to a phishing attack in 2024, according to media reports, while PetroJam and the Financial Services Commission (FSC) were also hit in 2023.
- AFS’ cyberattack highlights the urgent need for stronger cybersecurity frameworks across Jamaica’s public and private sector companies, as businesses and government agencies remain vulnerable to the evolving threats.
(Source: JSE and NCBCM Research)