Aluminium maker Hydro battles to contain ransomware attack

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Norsk Hydro, one of the world's largest aluminium producers, battled on Tuesday to contain a cyber attack which halted parts of its production, ...

OSLO: Norsk Hydro, one of the world's largest aluminium producers, battled on Tuesday to contain a cyber attack which halted parts of its production, the latest example of the damage hackers can cause to business and industry.

Kallevik, who could not turn on his desktop computer or access files, would not say whether a specific sum had been asked for. However, when asked if the company planned to pay to unlock its systems, he said the intention was to restore them from backup servers.Advertisement News of Hydro's plant outages pushed aluminium prices to a three-month high on the London Metal Exchange. The company's shares fell as much 3.4 percent before recovering to trade 0.8 percent lower by 1438 GMT.

The last publicly acknowledged cyber attack in Norway was on software firm Visma, when hackers allegedly working on behalf of Chinese intelligence breached its network to steal secrets from its clients.Companies and governments have become increasingly concerned about the damage hackers can cause to industrial systems and critical national infrastructure following a number of high-profile cyber attacks.

 

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Aluminum maker Hydro battles to contain ransomware attackNorsk Hydro, one of the world's largest producers of aluminum, was battling on Tuesday to contain a cyber attack which hit its production ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

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