Hirsche Private Asset Management Announcement on the Progress of IT System Repairs

Hirsche Private Asset announces today the firm's substantial progress in its attempt to repair the damage caused by the security attack by hackers of its online systems.

The company is now making steady progress in repairs and updating of all of its IT systems and equipment. Hirsche Private Asset anticipates a 2 to 4 week period before it expects to commence operations fully servicing its clientele. The ongoing investigations are continuing and the company is determined to find the culprits. Hirsche Private Asset has retained the services of respected international forensic accounting firms as well as several law firms in different countries. These firms alongside Hirsche Private Asset personnel have performed admirably and kept any losses to the absolute minimum possible. Further investigations of course are still ongoing to ensure stability once operations resume.

Hirsche Private Asset is also making substantial changes to the process it uses for IT systems to eliminate the chance for recurring system vulnerabilities that ceased business operations.  Hirsche will contact all clientele individually over the next few weeks as it commences regular business operations.

Hirsche Private Asset asks for continued patience from loyal clientele while this extraordinary situation is rectified. Hirsche Private Asset will ensure all matters regarding account holdings are going to be dealt with as smoothly as possible once trading resumes. The firm also wishes to inform clientele that all holdings are safe, bonded and being managed to limit any negative market fluctuations that may occur.

About Hirsche Private Asset Management Ltd.

Hirsche Private Asset Management Ltd.
28F, No.66, Sec. 1
Zhongxiao, W. Rd., Zhongzheng Dist.,,
10018

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