The American manufacturer of construction and structural materials, Simpson Manufacturing, has experienced a cyber incident that has caused disruptions in the company’s operations.
In response to the cyber attack, Simpson Manufacturing has taken proactive measures by shutting down all systems to prevent the spread of the attack. As a result of this incident, certain areas of the company’s business operations will continue to be affected in the foreseeable future. Long-term disruptions are typically a result of complex efforts to mitigate attacks, which may involve data encryption.
There is also a concern about potential data theft, which is particularly significant as Simpson Manufacturing holds a leading position in the industry and may possess a considerable amount of confidential information. The company operates seven laboratories for testing new designs and materials and holds over 2,000 patents and trademarks.
Currently, the nature of the cyber incident has not been determined, and no hacker groups have claimed responsibility for the attack on Simpson Manufacturing. The company has enlisted the assistance of third-party experts to aid in the investigation and restoration efforts. Additionally, the announcement of the cyber attack has not yet had an impact on the company’s stock quotes.