SYNNEX Responds to Recent Cybersecurity Attacks and Media Mentions
On July 6, 2021, SYNNEX Corporation (NYSE: SNX) acknowledged attempts by external actors to access customer applications within the Microsoft cloud environment. These actions are possibly linked to recent cybersecurity incidents involving Managed Service Providers. SYNNEX, which is not classified as an MSP, is actively collaborating with Microsoft and a third-party cybersecurity firm to address the situation. The company's systems remained operational throughout the incident, and it continues to prioritize secure operations for its customers and their end-users.
- Collaboration with Microsoft and a leading cybersecurity firm to enhance security measures.
- Internal and external environments remained operational during the attack.
- Attempts by outside actors to breach customer applications raise significant cybersecurity concerns.
FREMONT, Calif., July 6, 2021 /PRNewswire/ -- SYNNEX Corporation (NYSE: SNX), a leading provider of distribution, systems design and integration services for the technology industry, confirms it is aware of a few instances where outside actors have attempted to gain access, through SYNNEX, to customer applications within the Microsoft cloud environment. These actions could potentially be in connection with the recent cybersecurity attacks of Managed Service Providers, or MSPs. While SYNNEX provides many services as part of its overall IT distribution business, including supporting Microsoft cloud applications, it is not an MSP in the context mentioned in recent media.
SYNNEX, in partnership with Microsoft and a leading third-party cybersecurity firm, have been conducting a thorough review of the attack since identified. SYNNEX internal and external environments remained online throughout the period of attack. SYNNEX will continue to focus on maintaining secure operations for its customers and their end-user environments.
"We are a long-term distribution partner for Microsoft and along with them, responded with the requisite urgency to address the recent attacks and to limit the potential activities of these bad actors," said Dennis Polk, President and CEO of SYNNEX. "We will remain vigilant and focused on the security of our organization."
About SYNNEX Corporation
SYNNEX Corporation (NYSE: SNX) is a Fortune 200 corporation and a leading provider of a comprehensive range of distribution, systems design and integration services for the technology industry to a wide range of enterprises. Founded in 1980, SYNNEX Corporation operates in numerous countries throughout North and South America, Asia-Pacific and Europe. Additional information about SYNNEX may be found online at synnex.com.
Safe Harbor Statement
Statements in this news release that are not historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may be identified by terms such as believe, foresee, expect, may, will, provide, could and should and the negative of these terms or other similar expressions. These forward-looking statements include, but are not limited to, statements regarding SYNNEX Corporation's continuing efforts with respect to cybersecurity.
The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties detailed in our Form 10-K for the fiscal year ended November 30, 2020 and subsequent SEC filings. Statements included in this press release are based upon information known to SYNNEX Corporation as of the date of this release, and SYNNEX Corporation assumes no obligation to update information or any forward-looking statements contained in this press release.
Copyright 2021 SYNNEX Corporation. All rights reserved. SYNNEX, the SYNNEX Logo, and all other SYNNEX company, product and services names and slogans are trademarks or registered trademarks of SYNNEX Corporation. SYNNEX and the SYNNEX Logo Reg. U.S. Pat. & Tm. Off. Other names and marks are the property of their respective owners.
Investor Contact:
Liz Morali
Investor Relations
SYNNEX Corporation
IR@synnex.com
(510) 668-8436
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SOURCE SYNNEX Corporation
FAQ
What recent cybersecurity incident is SYNNEX responding to related to SNX?
How did SYNNEX ensure security during the recent attack as related to SNX?
What role does SYNNEX have in relation to Microsoft in the context of SNX?
Has SYNNEX been classified as a Managed Service Provider in light of the recent cybersecurity event?
