Olympia Financial Group Inc. Announces Recovery from Ransomware Cyber Attack

CBJ Newsmakers

CALGARY, Alberta, Feb. 11, 2019 (GLOBE NEWSWIRE) — Olympia Financial Group Inc. (TSX: OLY) (“Olympia”) is pleased to announce that it has resumed all business operations and restored nearly all information technology systems impacted by the ransomware cyber attack announced by Olympia in its press release dated February 3, 2019.

Investigations into the attack are ongoing, but there is still no evidence that customers’ personal information was compromised as a result of the attack. Should findings dictate otherwise, Olympia will notify the impacted customers immediately.

Olympia would like to acknowledge the long hours and tremendous effort made by Olympia’s IT employees and consultants over the past week, and thank them for their dedication and professionalism.

While operations were affected, Olympia’s dedicated staff managed to maintain many basic operations throughout the previous week, funding both RSP investment transactions and Foreign Exchange trades through Olympia Trust Company, a wholly owned subsidiary of Olympia.

Olympia remains committed to utilizing all available means to protect its business operations and customers’ personal information. Olympia will continue to invest in its information technology systems and security to detect and minimize the risk of unauthorized activity in this age of ever growing highly sophisticated information security threats.

About Olympia Financial Group Inc.

Olympia Financial Group Inc. (“OFGI”) conducts most of its operations through its wholly-owned subsidiary Olympia Trust Company, a non-deposit taking trust company. Olympia Trust Company is licensed to conduct trust activities in Alberta, British Columbia, Saskatchewan, Manitoba, Quebec, Newfoundland and Labrador, Prince Edward Island, New Brunswick and Nova Scotia. Olympia Trust Company administers self-directed registered accounts, provides foreign currency exchange services and corporate shareholder services. OFGI also offers private health services plans through its wholly-owned subsidiary Olympia Benefits Inc. and provides information technology services to exempt market dealers, registrants and issuers through its subsidiary Exempt Edge Inc.

OFGI’s common shares are listed on the Toronto Stock Exchange under the symbol “OLY”.

For further information, please contact:

Olympia Financial Group Inc.
Rick Skauge, President and Chief Executive Officer
Gerhard Barnard, Vice-President, Finance and Chief Financial Officer Phone: (403) 261-0900
Fax: (403) 265-1455

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