Boeing says 'cyber incident' hit parts business after ransom threat

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WASHINGTON: Boeing, one of the world's largest defense and space contractors, said on Wednesday (Nov 1) it was investigating a cyber incident that impacted elements of its parts and distribution business and cooperating with a law enforcement probe into it.

Boeing acknowledged the incident days after the Lockbit cybercrime gang said on Friday it had stolen"a tremendous amount" of sensitive data from the US planemaker that it would dump online if Boeing didn't pay ransom by Nov 2.

"This issue does not affect flight safety," a Boeing spokesperson said."We are actively investigating the incident and coordinating with law enforcement and regulatory authorities. We are notifying our customers and suppliers." The hacking group typically deploys ransomware on a victim organization's system to lock it up, as well as stealing sensitive data for extortion.

"Paying the ransom would simply elicit a pinky promise from LockBit that they will destroy whatever data they obtained," Callow said."There would, however, be no way of knowing for sure that they actually had."

 

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