cyber
confidence high
sentiment negative
materiality 0.65
NioCorp reports cyber breach; $0.5M in vendor payments misdirected
NIOCORP DEVELOPMENTS LTD
- Unauthorized third-party accessed info and email systems on February 14, 2025.
- Misdirected vendor payments of approximately $0.5M; company self-discovered the incident.
- Promptly notified financial institutions and federal law enforcement; working to recover funds.
- Investigation ongoing; full scope, nature, and financial impact not yet determined.
- Company has not assessed whether incident is reasonably likely to materially affect results.