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Telstra’s recent buy Pacnet suffers IT security breach

Pacnet's IT network was hacked earlier this year

Telstra’s recently acquired datacentre and cloud specialist Pacnet suffered a security breach earlier this year whereby a third-party managed to get access to its IT network, the telco revealed this week.

Telstra, Pacnet finalise acquisition deal

Telstra is buying Pacnet to bolster its presence in the Asia Pacific cloud and managed services market

Telstra’s acquisition of Pacnet has now come to fruition, with the Australian telco today announcing it has completed the purchase of the cloud, managed services and datacentre provider. As reported by Telecoms.com in December, the valuation of the deal came in at $697m.

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