Disruption of Production Due To Malware at Rheinmetall Automotive Costs $4 Million Per Week



Rheinmetall

In a press release the very large EU company revealed: "The IT infrastructure of Rheinmetall Automotive plants in Brazil, Mexico and the USA has been affected by malware attacks since late on the evening of 24 September 2019. As a result, normal production processes at these locations are currently experiencing significant disruption.

According to the latest information, the Group’s other IT systems have not been affected.

The Rheinmetall Group is doing everything in its power to address the resulting disruption at the affected plants as quickly as possible, and to maintain as far as possible the flow of parts to customers. While deliverability is assured in the short term, the length of the disruption cannot be predicted at this time. The most likely scenarios suggest a period lasting between two and four weeks.

As things stand, the Group expects the malware event to have an adverse impact on operating results of between €3 million and €4 million per week starting with week two."

Apart from being a supplier for the automotive industry, they are also a large player in the defense space. This is highly likely ransomware, and another victim bites the dust.


Free Ransomware Simulator Tool

How vulnerable is your network against ransomware attacks?

Bad guys are constantly coming out with new strains to evade detection. Is your network effective in blocking all of them when employees fall for social engineering attacks?

KnowBe4’s "RanSim" gives you a quick look at the effectiveness of your existing network protection. RanSim will simulate 15 ransomware infection scenarios and 1 cryptomining infection scenario and show you if a workstation is vulnerable.

RanSimScreen-1Here's how it works: 

  • 100% harmless simulation of real ransomware and cryptomining infections
  • Does not use any of your own files
  • Tests 16 types of infection scenarios
  • Just download the install and run it 
  • Results in a few minutes!

Get RanSim!

PS: Don't like to click on redirected buttons? Cut & Paste this link in your browser:

https://www.knowbe4.com/ransomware-simulator

Topics: Ransomware

Subscribe To Our Blog


Traditional Security Webinar Kevin Mitnick




Get the latest about social engineering

Subscribe to CyberheistNews