Engineering group IMI, a FTSE 100 firm based in Birmingham, has been affected by a cyber attack, prompting the company to isolate certain systems while it investigates the incident. Although the company has not disclosed specific details about the data compromised, it confirmed that systems across its global locations were impacted. The firm has engaged external cybersecurity specialists to assist with the investigation and containment of the breach.
IMI is also taking the necessary steps to comply with regulatory obligations related to the incident.
While the cyber attack has raised concerns, IMI clarified that the breach was not targeting staff or customer data, which has been reassuring to employees and customers. Despite this, the company has notified them about the ongoing situation. As the company works to address the attack, IMI has assured stakeholders that its focus is on understanding the scope of the breach and securing its systems to prevent further unauthorized access.
This incident follows a wave of cyber attacks targeting UK companies, with FTSE 100 firms like Smiths Group also recently reporting similar breaches. The attack on IMI is not believed to be related to the Smiths Group incident, but it highlights the growing threat landscape for UK businesses. Other notable organizations, such as Transport for London and Harvey Nichols, have also been targeted by cybercriminals in recent months, experiencing data breaches and disruptions.
IMI, which operates in 50 countries worldwide, has a strong presence in the US, Europe, and Asia, with a focus on fluid and motion control markets, engineering components for various industries including process automation, climate control, and transport. As the company continues to work with external experts to resolve the situation, the attack underscores the increasing need for robust cybersecurity measures across industries worldwide.
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