Subj : One of the world's largest steel makers has been hit by a cyberat To : All From : TechnologyDaily Date : Tue Feb 27 2024 10:15:05 One of the world's largest steel makers has been hit by a cyberattack and its automotive division had to shut down to contain it Date: Tue, 27 Feb 2024 10:00:32 +0000 Description: ThyssenKrupp confirms attack, saying its automotive department was forced offline. FULL STORY ====================================================================== Steel manufacturing giant ThyssenKrupp has confirmed that it suffered a cyberattack attack last week which forced parts of its IT infrastructure offline. Given the companys position as one of the global leaders in steel production, the attack is bound to send ripples throughout the business world. The news first broke on a German website Saarbruecker Zeitung, which said that the companys plant in Saarland suffered the attack. Was it ransomware? Saarland is a German state towards the west, bordering France and Luxembourg. The publication also said the plant employs more than a thousand specialists. Following the news, the company issued a statement to BleepingComputer , confirming that parts of its Automotive infrastructure had to be shut down to contain the incident: "Our ThyssenKrupp Automotive Body Solutions business unit recorded unauthorized access to its IT infrastructure last week," the statement reads. "The IT security team at Automotive Body Solutions recognized the incident at an early stage and has since worked with the ThyssenKrupp Group's IT security team to contain the threat." "To this end, various security measures were taken and certain applications and systems were temporarily taken offline." This department works on steel production and processing, as well as research and development. It frequently collaborates with different industry partners, research institutions, and universities, it was said. At this moment, there is no indication of who the threat actors are, or how they managed to infiltrate ThyssenKrupps network. There also hasn't been any confirmation of if this was a ransomware attack, but given the companys response, its safe to assume it is. In that case, the group is most likely demanding money in exchange for the decryption key and, possibly, stolen data. So far, there is no confirmation of any data being stolen in the breach. ThyssenKrupp said no other departments were affected by the attack, and confirmed it was working on returning operations to normal. So far, supply to customers has not been disrupted. ThyssenKrupp AG is a global leader in steel production, counting more than 100,000 employees and having an annual revenue of more than $44.4 billion. More from TechRadar Pro Best ransomware protection of 2024 Here's a list of the best firewalls around today These are the best endpoint security tools right now ====================================================================== Link to news story: https://www.techradar.com/pro/security/one-of-the-worlds-largest-steel-makers- has-been-hit-by-a-cyberattack-its-automotive-division-had-to-shut-down-to-cont ain-it --- Mystic BBS v1.12 A47 (Linux/64) * Origin: tqwNet Technology News (1337:1/100) .