Update on VTech Cyber Attack Incident

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Update on VTech Cyber Attack Incident

Hong Kong – VTech Holdings Limited (HKSE: 303) today announced that FireEye’s Mandiant Incident Response services, one of the world’s leading cyber forensic teams, is assisting the Group in its response to the recent cyber attack to strengthen the security of its systems.

Upon discovering the attack, the Group immediately conducted a comprehensive check of the affected sites and suspended Learning Lodge, the Kid Connect network and a number of websites as a precautionary measure.

"We are deeply shocked by this orchestrated and sophisticated attack on our network. We regret that users of Learning Lodge, Kid Connect and PlanetVTech, some of whom are colleagues, friends and families, are also affected. We would like to offer our sincere apologies for any worry caused by this incident. We are taking all necessary steps to ensure that our users can continue to enjoy our products and services, safe in the knowledge that their data is secure," said Allan Wong, Chairman and Group CEO of VTech Holdings Limited.

The Group is now cooperating with law enforcement worldwide to investigate the incident. In addition to leading the forensic investigation, Mandiant will also review all aspects of how VTech handles customer information and clearly define ways in which the Group can further strengthen the security of its user data.

About VTech

VTech is the global leader in electronic learning products from infancy to preschool and the world's largest manufacturer of cordless phones. It also provides highly sought-after contract manufacturing services. Founded in 1976, VTech's mission is to design, manufacture and supply innovative and high quality products in a manner that minimises any impact on the environment, while creating sustainable value for its stakeholders and the community.

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