Swiss firm Schlatter Industries hit by cyberattack

Schlatter Industries, a renowned Switzerland-based engineering company, was targeted by a sophisticated cyberattack. The attackers employed malware to breach the company’s IT network in an incident characterised as highly professional. During the breach, the perpetrators attempted to blackmail Schlatter Industries, though the specific details of their demands remain undisclosed.

Following the incident, Schlatter Industries initiated a thorough investigation to determine whether any data was stolen. Cybersecurity experts have been enlisted to assess and mitigate the damage, aiming to restore the full functionality of the compromised systems. In response to the breach, the company promptly activated stringent security measures and notified relevant authorities, underscoring its proactive approach to managing the crisis.

Why does it matter?

The company publicly acknowledged the attack on Monday, highlighting its commitment to transparency and accountability. The swift and comprehensive response from Schlatter Industries reflects the model companies should adopt to address these threats. It reminds other organisations of the importance of robust cybersecurity frameworks and crisis response strategies in the face of increasingly sophisticated cybercriminal activities.