“Massive” cyber security breach for ThyssenKrupp
Trade secrets stolen in cyber attack on ThyssenKrupp AG
One of the world’s largest engineering firms ThyssenKrupp has released a cyber security statement. The release indicates they have been the victims of “organised, highly professional hacker activities” earlier in 2016.
The corporation consists of 670 companies worldwide. While ThyssenKrupp is one of the world’s largest steel producers, the company also provides components and systems for the automotive industry, elevators, escalators, material trading and industrial services. As of a 2009 reorganization, it is structured into eight business areas that fall under two major divisions, Materials and Technologies
“The incident is not attributable to security deficiencies at Thyssenkrupp. Human error can also be ruled out. Experts say that in the complex IT landscapes of large companies, it is currently virtually impossible to provide viable protection against organized, highly professional hacking attacks. Early detection and timely countermeasures are crucial in such situations. Thyssenkrupp has been successful in both respects” stated Robin Zimmermann, head of external communications.
The breach which was discovered in April 2016 after a series of additional breaches were discovered by the company’s internal security. The original breach was traced back to February 2016 and was caused by hackers located in southeast Asia.
Trade secrets and project data have been stolen from the plant engineering division. Other areas are still yet to be fully investigated in what is now the second major cyber breach since 2012 for the engineering giant. In 2012 TKAG and Airbus parent company EADS had also been targeted by Chinese hackers. In September 2015 China and the U.S. agreed not to target each other for cybertheft of intellectual property. This is a major step in the right direction and indicates their compliance with these tactics towards other targets.
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“It is important not to let the intruder know that he has been discovered,” a spokesman said. The news of the breach was not publicly announced until the company had cleansed the infected systems in one global action and implemented new security measures to monitor its computer network.
Within its marine systems unit, which produces military submarines and warships no breaches have been found.
Sources: REUTERS , IT News, ThyssenKrupp,
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