MASHINIi

GBS SOFTWARE AG.

INW.XETRA | Computer programming activities

GBS Software AG, based in Germany, develops and distributes software solutions, primarily focusing on the insurance industry. Their offerings include standard software products and customized solutions for insurance companies, covering areas such as policy management, claims processing, and customer...Show More

Ethical Profile

Mixed.

GBS Software AG's ethical standing is mixed. A significant concern arose in 2020 when the company was allegedly targeted by a ransomware attack. Reports suggest the Clop gang demanded over $20 million and exfiltrated 1 TB of sensitive data, including employee passports and financial documents. While GBS Software AG's privacy policy notes standard SSL/TLS encryption and GDPR compliance, critics highlight the breach's scale as indicative of inadequate security. For other ethical areas like fair pay, environmental impact, and community engagement, there is insufficient public information to assess GBS Software AG's performance, resulting in neutral evaluations due to a lack of specific data.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech-10
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence was found in the provided articles to assess GBS Software AG against the 'Better Health for All' ethical value.

1
Both articles explicitly state they do not contain data relevant to INW.XETRA or this specific value.
2

Fair Money & Economic Opportunity

0

GBS Software AG develops and distributes software solutions primarily for the insurance industry, providing products and services to insurance companies. Its core business does not involve offering lending, deposit services, or consumer credit products directly to individuals. Therefore, all KPIs related to direct consumer financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives, data accessibility for consumer finance data, fair lending compliance, wealth building outcomes, financial literacy initiatives, debt burden ratio, geographic inclusion for financial access points, and product simplicity for financial products, are not applicable to the company's operations. No evidence was found in the provided articles to suggest that GBS Software AG engages in activities that would directly impact these metrics.

Fair Pay & Worker Respect

0

No specific, quantitative evidence was found in the provided articles for any of the KPIs related to Fair Pay & Worker Respect for GBS Software AG (INW.XETRA). Articles discussing "Software AG" were deemed irrelevant as GBS Software AG is a distinct entity.

Fair Trade & Ethical Sourcing

0

GBS Software AG is a software development and services company.

1
Its business model does not involve the procurement or trading of physical commodities or materials. Therefore, all KPIs related to fair trade and ethical sourcing of physical goods, such as fair-trade certifications, supply-chain audits, forced/child labour incidents, traceability, remediation, ethical clauses in supplier contracts, high-risk materials, and supplier diversity spend for physical goods, are not applicable to the company's operations.
2

Honest & Fair Business

0

No evidence available to assess GBS SOFTWARE AG on Honest & Fair Business.

Kind to Animals

0

No evidence available to assess GBS SOFTWARE AG on Kind to Animals.

No War, No Weapons

0

No specific, concrete evidence regarding GBS Software AG (INW.XETRA) and its operations related to the 'No War, No Weapons' ethical value was found in the provided articles. The articles discuss other companies or general industry trends, not GBS Software AG.

Planet-Friendly Business

0

No evidence available to assess GBS SOFTWARE AG on Planet-Friendly Business.

Respect for Cultures & Communities

0

The provided articles do not contain specific quantitative data for any of the KPIs related to 'Respect for Cultures & Communities' for GBS Software AG (INW.XETRA). Article 0 from CSRHub.com explicitly states a lack of information on formal partnerships, revenue reinvestment, cultural incidents, impact assessments, employment ratios, grievance mechanisms, FPIC participation, community governance, cultural preservation investment, local procurement, indigenous suppliers, cultural site protection, social license operations, charitable giving, community fund allocation, language inclusivity, cultural incident response, or cultural training completion.

1
Articles 1 and 2 similarly lack any relevant quantitative data for these metrics.
2

Safe & Smart Tech

-10

In October 2020, Software AG experienced a ransomware attack by the Clop gang, who demanded over $20 million (specifically $23 million) and claimed to have stolen 1 TB of data.

1
The attackers published screenshots of employee data, including passports, IDs, emails, financial documents, and health bills, as well as company documents like contracts and reports, on a dark web leak site.
2
This constitutes unauthorized data use. The company's privacy policy (for GBS Europa GmbH, not explicitly INW.XETRA) states that SSL/TLS encryption is used for secure data transmission and data is retained only as long as necessary for its collection purpose.
3
Users have rights to access, correct, delete, and restrict the processing of their data, and the policy indicates compliance with GDPR.
4
No further details on the company's security posture, AI ethics, or training were provided.

Zero Waste & Sustainable Products

0

No evidence available to assess GBS SOFTWARE AG on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.