Swiss engineering firm Schlatter recovers from cyberattack
The financial impact of the attack remains unclear, but Schlatter has previously warned that its full-year results would be significantly lower due to reduced orders and delays in customer projects, particularly in its welding unit.
Schlatter Industries, a Swiss engineering firm, has restored its computer network after a cyberattack disrupted operations for nearly two weeks. The company announced that the attack on 9 August involved malware and an extortion attempt. However, details regarding the breach, including whether any data was compromised, remain undisclosed.
While Schlatter has not quantified the financial repercussions of the attack, the company previously warned that its full-year results are expected to fall significantly compared to last year. This decline is attributed not only to the cyberattack but also to a decrease in orders and delays in commissioning projects within its welding division. The company continues to investigate the incident and assess its impact.
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