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With patch
11 October 2021


ENGINEERING FIRM WEIR GROUP SUFFERS ‘SOPHISTICATED’ RANSOMWARE ATTACK

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Weir Group, one of Scotland's biggest engineering firms, revealed it was victim
of “a sophisticated attempted ransomware attack” in the second half of September
forcing the company to shut down some of its operations

In a statement, the mining equipment firm said that “Weir’s cybersecurity
systems and controls responded quickly to the threat” and took a number of
measures, such as isolating and shutting down IT systems including core
Enterprise Resource Planning (ERP) and engineering applications. However, the
company said the incident led to shipping delays worth more than £50m in
revenue.

Weir estimates that the incident could cost it as much as £5 million.



“As a result of the rephasing of shipments caused by the cybersecurity incident,
the Group experienced revenue deferrals of c.£50m in September alongside
overhead under-recoveries in manufacturing and engineering,” the firm said in
the statement.

While the investigation into the breach is still ongoing, at this point no
evidence has been found that any personal or other sensitive data has been
exfiltrated or encrypted, it said.


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