Manitowoc computer systems falter due to ‘cybersecurity incident’

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cybersecurity incident'

 

Manitowoc said late Wednesday that its network has been bogged down by what it calls a “cybersecurity incident.”

In a statement, Manitowoc
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He said the incident resulted in a “systems outage” that “has caused and may continue to cause delay or disruption to the company’s business.”

The Milwaukee-based manufacturer of construction cranes and equipment said it has engaged an unidentified “outside industry-leading information technology company and forensic specialist” to help investigate the incident.

Manitowoc said law enforcement has been notified of the incident and the company is working to restore its systems. Because of the accident, Manitowoc said that You will not participate anymore بعد At Stifel’s virtual cross-sector conference Insight on Thursday.

When a Manitowoc spokesperson was asked for comment, he told MarketWatch, “We are still in the investigation stage and will provide more color when we are able,” adding that the company’s IP phone system is currently not operational.

Manitowoc is the latest major US company to report cyber security attacks, which are growing as Cybercriminals are adopting organizational structures similar to those of tech companies in Silicon Valley.

The company’s shares were down 1% after hours, after falling 1.7% to close the regular session at $26.12. Over the past 12 months, the stock is up 116%, compared to a 32% gain on the S&P 500.
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