Subj : IMI confirms hack, becomes latest engineering giant to face cyber
To   : All
From : TechnologyDaily
Date : Fri Feb 07 2025 12:15:06

IMI confirms hack, becomes latest engineering giant to face cyberattack

Date:
Fri, 07 Feb 2025 12:11:00 +0000

Description:
Attack was most likely a data breach, but IMI is staying quiet.

FULL STORY
======================================================================British 
engineering company IMI plc notifies London Stock Exchange of a recent 
cyberattack The company did not share the details, but this seems to have 
been a data breach 

Top British engineering company IMI has confirmed suffering a cyberattack, 
filing a new report with the London Stock Exchange, notifying the securities 
exchange of unauthorized access. 

IMI is currently responding to a cyber security incident involving 
unauthorized access to the Company's systems, the filing reads. As soon as 
IMI became aware of the unauthorized access, the company engaged external 
cyber security experts to investigate and contain the incident. 

Other than that, the company did not share any details. It said it was taking 
necessary steps to comply with regulatory obligations, and that it will 
provide an update when appropriate. Data breach 

When reached out by TechCrunch , the company did not want to discuss the 
matter further, so we dont know the nature of the attack, who the miscreants 
are, or how they managed to break into IMIs infrastructure. 

However the publication did find out, from the UKs Information Commissioners 
Office, that the company provided it with a data breach report, so its safe 
to assume that at least some company data was stolen. 

The ICO is currently assessing the information provided, it was said. 

IMI was founded in 1862 as Imperial Metal Industries. Its core business areas 
include precision engineering (advanced motion and fluid control solutions 
for industrial automation), critical engineering (valves and actuators for 
the energy and power industries), and hydronic engineering (heating, cooling, 
and climate control solutions for buildings). 

The company serves sectors like oil and gas, pharmaceuticals, power 
generation, and transportation. In fiscal 2023, the company reported $398 
million in profits before tax, up 6% compared to the year before. You might 
also like Engineering giant ENGlobal confirms hackers hit internal data We've 
rounded up the best password managers Take a look at our guide to the best 
authenticator app



======================================================================
Link to news story:
https://www.techradar.com/pro/security/imi-confirms-hack-becomes-latest-engine
ering-giant-to-face-cyberattack


--- Mystic BBS v1.12 A47 (Linux/64)
 * Origin: tqwNet Technology News (1337:1/100)

.