Targeted cyber-attack aimed at stealing "technological know-how and research"

Synopsis

In December 2016, the company disclosed that they had been the "target of a massive cyber attack" which resulted in technical trade secrets being stolen. The attack was discovered by their in-house security team in April and had been ongoing since February.

The company claimed the “professional attack” was launched from Southeast Asia and intended “to steal technological know-how and research” from its steel production and manufacturing plant design divisions.

Analyst

Courtenay Brammar

Experienced global enterprise risk and governance professional. Previously Vice President at Morgan Stanley, Deloitte Risk Advisory practitioner and PRMIA steering committee member in both London and New York.

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