Shimano allegedly hit by massive ransomware attack threatening to release confidential data - News Summed Up

Shimano allegedly hit by massive ransomware attack threatening to release confidential data


Shimano, the world's leading manufacturer of cycling components, seems to have been hit by a massive data breach by the ransomware attacker LockBit, who has threatened to release confidential data, including information such as factory inspection results, lab tests and financial documents by 5 November if their demands are not met. Its previous targets have included Royal Mail, with the British postal company's international services severely disrupted in January 2023 due to the attack. American aeroplane and missiles manufacturer Boeing is the latest victim of the group, with the company officially confirming the attack yesterday. > Bike industry turmoil: Shimano says global cycling market remains “weak” as segment sales fall by a quarter – and worse to come? Shimano has recently been under global scrutiny since its recall programme for 760,000 Dura-Ace and Ultegra bonded 11-speed road cranksets in North America.


Source: The Guardian November 03, 2023 17:50 UTC



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