Cyberattack Disrupts Angola's Largest Telecom Ahead of Stock Market Debut
Angola's largest telecommunications company, Unitel, experienced a cyberattack that disrupted its mobile, internet, and voice services nationwide. The attack occurred just hours before Unitel's shares were set to begin trading on the Angola Debt and Securities Exchange (BODIVA) following a $329 million initial public offering. Despite the disruption, there is no indication that the cyberattack affected the IPO process or trading infrastructure. The incident highlights the cybersecurity challenges facing telecommunications companies, especially during significant market events.