German manufacturer says malware has caused ‘significant disruption’ to plants in three countries
A malware infection at German car parts manufacturer Rheinmetall Automotive has caused “significant disruption” to production at company plants in Brazil, Mexico, and the United States, the company disclosed Thursday. Rheinmetall Group, the manufacturer’s parent company, said it expects to lose 3 to 4 million euros, or $3.28 to $4.38 million, per week due to the incident, starting next week. Rheinmetall Automotive provides top car manufacturers with auto parts such as pistons, engine blocks, and emissions control equipment, according to its website. Rheinmetall Group’s IT systems outside of plants in those three countries do not appear to be affected, the company said. Since late Tuesday, Rheinmetall Automotive said in a statement, it has been grappling with “malware attacks” and the “length of the disruption cannot be predicted at this time. The most likely scenarios suggest a period lasting between two and four weeks.” Shares in the company dropped early Friday on the heels […]
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