- The British Engineering Company IMI PLC informs London Stock Exchange of a recent cyberattack
- The company did not share the details but it seems to have been a data violation
The top British engineering firm IMI has confirmed to suffer a cyberattack, filed a new report to the London Stock Exchange announcing the securities exchanging of “unauthorized access”.
“IMI is currently responding to a cyber security event involving unauthorized access to the company’s systems,” the archiving reads. “As soon as IMI became aware of the unauthorized access, the company engaged external cyber security experts to investigate and contain the incident.”
Apart from that, the company did not share any details. It said it took “necessary steps” to comply with regulatory obligations and that it will provide an update “when relevant”.
Data violation
When reached out TechcrunchThe company did not want to discuss the matter further, so we do not know the nature of the attack who the miscreans are or how they managed to break into IMIS infrastructure.
However, the publication from the UK’s Information Commissioning Office found that the company provided it with a data violation report, so it is safe to assume that at least some company data were stolen.
ICO is currently “assessed the information provided,” it was said.
IMI was founded in 1862 as Imperial Metal Industries. Its core business areas include precision technology (advanced movement and fluid control solutions for industrial automation), critical technology (valves and actuators for the energy and power industry) and hydronic technique (heating, cooling and climate control solutions for buildings).
The company serves sectors such as oil and gas, pharmaceutical products, power production and transport. In the 2023 financial year, the company reported $ 398 million in profit before tax, an increase of 6% compared to the previous year.
