A British engineering firm, Vesuvius, reported that a cybersecurity incident had hit its systems, caused by unauthorised access of unknown entities. There currently are no added details shared by the company about the attack’s scope, but they ensured customers and partners that they are currently managing and investigating it.
Vesuvius is one of the leading metal flow engineering companies globally, catering numerous services to its customers, such as foundry, iron and steel, and industrial processes. The company also boasts of employing tens of thousands of staff across its offices, mostly located in England and Wales, and is listed as one of the 350 most valuable businesses by the London Stock Exchange.
The London Stock Exchange published the cyber incident advisory on Vesuvius last February 6.
Following the London Stock Exchange’s cybersecurity announcement affecting the engineering firm, reports reveal that the company’s share had immediately fallen to 3.8%.
Despite the company not sharing detailed information about the incident’s scope, including which exact systems are affected and whether customer information has been compromised, its notice has stated that they are taking necessary steps to resolve it.
One of the mitigation steps mentioned by the engineering firm is temporarily shutting down all affected systems as investigations are underway. Relevant cybersecurity teams have also been contacted to help them identify the extent of the issue and resolve it as soon as possible.
Furthermore, the company said to share announcements in the future when appropriate.
Although its official website remained operational, Vesuvius has yet to share updates with its partners and customers. In the released advisory, the company provided the contact details of its shareholders and analysts, including the CEO, CFO, and the head of Investor Relations, should customers and partners need urgent support.
Security experts believe that threat actors aim at the manufacturing sector as it is one of the most attractive targets to be stolen critical data from.
While further details are not yet available, the customers and partners of the affected engineering firm are advised to be cautious against potential attacks that could leverage their information.
