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Symatrix

Primary URL Location Industry
symatrix[.]co[.]uk
Country United Kingdom
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Financial Services
Profile

Symatrix operates as a payroll services provider headquartered in the United Kingdom. Its core business function involves handling payroll processing for client organisations, managing sensitive employee compensation and related financial data. The company serves businesses requiring outsourced payroll administration, as evidenced by its engagement with Arup, an international engineering and architecture firm. This relationship demonstrates Symatrix's role in managing critical personnel information for corporate clients, acting as a third-party processor entrusted with confidential employee details.

A significant cybersecurity incident involving Symatrix occurred on January 12, 2021, when the company suffered a ransomware attack. This breach compromised highly sensitive personal data belonging to employees of its client, Arup. The exposed information included names, residential addresses, and bank account details of affected staff members. Following the attack, Arup formally notified its impacted employees that their personal data had been exposed due to the cybersecurity event at Symatrix. The severity of the data compromise prompted affected individuals to seek legal advice, with a specialist data breach firm confirming it had received multiple inquiries related to the incident. This event underscores the critical nature of Symatrix's data handling responsibilities and the potential consequences of security failures within its payroll processing systems.

Incidents
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1 incident