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

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines