Nayax reports no unauthorized access after a security incident; operations continue normally. Investigation reveals limited exfiltrated information.
Quiver AI Summary
Nayax has provided an update on a suspected information security incident reported on July 8, 2026. The company has completed its review and remediation efforts, confirming that its systems have been cleared of unauthorized access and have not been impacted in terms of production or core operations. While the investigation is ongoing, it has been found that some exfiltrated data includes backup documents and payment transaction records, but no sensitive authentication data was compromised. The company reassured that all customer funds remain secure and authorities are actively investigating the incident. Nayax's Board of Directors has decided against complying with extortion demands, believing it would not be in the best interests of stakeholders. Although costs related to the incident may persist, Nayax does not expect significant financial impacts on its operations.
Potential Positives
- The company's systems have been cleared and confirmed to be free of unauthorized access, ensuring the integrity of its operations.
- The investigation has shown that sensitive payment authentication data was not retained within the company's systems, minimizing potential risks to customer information.
- All customer safeguarded funds were untouched, demonstrating the company's commitment to customer security and trust.
- The company has decided not to comply with criminal extortion demands, highlighting its dedication to ethical business practices and long-term customer interests.
Potential Negatives
- The press release confirms a suspected information security incident, which can damage the company's reputation and trust with customers and partners.
- There is ambiguity regarding the "precise scope and complete contents" of the exfiltrated information, which can lead to ongoing concerns about data security among stakeholders.
- The company has incurred, and may continue to incur, costs related to responding to this incident, which may impact financial performance despite current expectations of no material effects.
FAQ
What recent announcement did Nayax make regarding a security incident?
Nayax announced a suspected information security incident on July 8, 2026, and provided updates on its investigation.
Were Nayax's core systems impacted by the security incident?
No, Nayax's core systems and production environment were not impacted by the security incident and operations continue normally.
What type of information was exfiltrated during the incident?
The exfiltrated information included a backup of scanned documents and payment transaction records, but not sensitive payment details.
How is Nayax responding to extortion demands related to the incident?
Nayax's Board of Directors has resolved not to comply with criminal extortion demands, prioritizing long-term customer interests.
What is the expected financial impact of the security incident on Nayax?
Nayax does not currently expect a material effect on its financial condition or results from the security incident.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NYAX Insider Trading Activity
$NYAX insiders have traded $NYAX stock on the open market 39 times in the past 6 months. Of those trades, 0 have been purchases and 39 have been sales.
Here’s a breakdown of recent trading of $NYAX stock by insiders over the last 6 months:
- DAVID BEN-AVI (CTO and Co Founder) has made 0 purchases and 2 sales selling 30,186 shares for an estimated $2,287,551.
- SAGIT MANOR (CFO) has made 0 purchases and 9 sales selling 5,585 shares for an estimated $348,596.
- MICHAL SEVER (CMO) has made 0 purchases and 4 sales selling 5,070 shares for an estimated $325,752.
- KEREN SHARIR (President) has made 0 purchases and 2 sales selling 4,500 shares for an estimated $323,090.
- CARLY LISANNE FURMAN (CEO NAYX North America) has made 0 purchases and 7 sales selling 2,886 shares for an estimated $197,706.
- AARON SAMUEL GREENBERG (CSO) has made 0 purchases and 6 sales selling 2,132 shares for an estimated $142,982.
- OREN TEPPER (CRO) has made 0 purchases and 6 sales selling 1,574 shares for an estimated $110,321.
- EDEN ZAFRANI (CHRO) sold 500 shares for an estimated $32,445
- EREZ AMNIPOUR (CPO) sold 231 shares for an estimated $15,477
- ERAN HAVSHUSH sold 19 shares for an estimated $1,283
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NYAX Hedge Fund Activity
We have seen 15 institutional investors add shares of $NYAX stock to their portfolio, and 22 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ALTRAVUE CAPITAL, LLC added 319,861 shares (+139.2%) to their portfolio in Q1 2026, for an estimated $17,912,216
- MENORA MIVTACHIM HOLDINGS LTD. removed 312,182 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $17,482,192
- GOLDMAN SACHS GROUP INC removed 285,237 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $15,973,272
- CLAL INSURANCE ENTERPRISES HOLDINGS LTD removed 275,355 shares (-41.7%) from their portfolio in Q1 2026, for an estimated $15,419,880
- ASSENAGON ASSET MANAGEMENT S.A. removed 132,515 shares (-48.9%) from their portfolio in Q2 2026, for an estimated $8,681,057
- CAPITAL WORLD INVESTORS removed 84,259 shares (-10.5%) from their portfolio in Q1 2026, for an estimated $4,718,504
- FRANKLIN RESOURCES INC added 83,082 shares (+87.4%) to their portfolio in Q1 2026, for an estimated $4,652,592
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$NYAX Price Targets
Multiple analysts have issued price targets for $NYAX recently. We have seen 3 analysts offer price targets for $NYAX in the last 6 months, with a median target of $75.0.
Here are some recent targets:
- Nik Cremo from Barclays set a target price of $75.0 on 07/08/2026
- Chris Zhang from UBS set a target price of $75.0 on 06/24/2026
- Sanjay Sakhrani from Keefe, Bruyette & Woods set a target price of $75.0 on 05/13/2026
Full Release
HERZLIYA, Israel, July 14, 2026 (GLOBE NEWSWIRE) -- Further to Nayax’s announcement dated July 8, 2026, regarding a suspected information security incident, the Company provides the following update.
The Company's system review and technical remediation activities have been completed, and the Company's systems have been cleared and based on its investigation to date, confirmed to be free of unauthorized access. The Company's production environment and core systems have not been impacted. The Company's business operations continue as normal, without disruption or impact on our operations.
As the Company's investigation progressed, and while the precise scope and complete contents of the exfiltrated information are still under investigation, findings have emerged indicating that such exfiltrated information includes a copy of a backup of scanned documents, additional business-related information, and mainly back up of payment transaction records which does not include sensitive payment authentication data (such as cardholder names, CVV values or ID information), as such information is generally not retained within the Company's systems. In addition, a significant portion of the transactions were conducted using digital wallets, such as Apple Pay and Google Pay, in which the payment credentials consist of single-use tokens that have no value if disclosed. Based on its investigation to date, the Company confirms that all customer safeguarded funds were untouched and that no unauthorized access to those accounts occurred.
The Company's Board of Directors has resolved not to comply with criminal extortion demands. The Board believes that complying with such demands would not be consistent with the long-term best interests of the Company's customers, partners, employees and shareholders.
The Company has incurred, and may continue to incur, costs related to responding to, remediating, and investigating this attack. The full financial impact-including insurance or indemnification offsets and any effect on customer behavior-is not yet determined, but the Company does not currently expect a material effect on its financial condition or results of operations.
The Company continues to cooperate fully and closely with the relevant law enforcement authorities, which continue to conduct an intensive investigation into the incident and those responsible.
Nayax Public Relations Contact:
Scott Gamm
Strategy Voice Associates
[email protected]
Nayax Investor Relations Contact:
Aaron Greenberg
Chief Strategy Officer
[email protected]
