IMI confirms hack, becomes latest engineering giant to face cyberattack
Posted by:
Olivia Smith
British engineering firm IMI plc has disclosed a recent cyberattack by filing a report with the London Stock Exchange, citing “unauthorized access”. The company is currently addressing the cyber security incident with external experts engaged to investigate and contain the breach. While the specifics of the attack remain undisclosed, IMI assures that necessary measures are being taken to meet regulatory requirements with updates to follow in due course.
Following an alert from the UK’s Information Commissioner’s Office, it is confirmed that IMI experienced a data breach, indicating potential theft of company information. The ICO is currently evaluating the provided information. Established in 1862 as Imperial Metal Industries, IMI specializes in precision engineering, critical engineering, and hydronic engineering for various industries. In the fiscal year 2023, IMI reported profits of $398 million, showcasing steady growth.
In related news, engineering firm ENGlobal recently confirmed a similar cyber intrusion and our recommendations for securing online accounts include investing in reliable password managers and authenticator apps.
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