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STRN — Schlatter Industries AG News Story

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Swiss engineering firm Schlatter says IT systems back up after cyberattack

Aug 20 (Reuters) - Swiss engineering company Schlatter
Industries  STRN.S  said on Tuesday that its computer network
had been back up since Monday following a cyberattack nearly two
weeks back.
    The group said on Aug. 9 that it was hit by a malware-based
cyberattack and that unknown perpetrators were attempting to
blackmail it, without disclosing further details.
    Its latest statement also did not provide details on the
impact of the cyberattack, including whether any data was
stolen, or on progress on identifying the perpetrators.
    The financial impact of the cyberattack and its impact on
financial results had not yet been quantified, Schlatter said
last week.
    At that time, it also warned that full-year results would be
significantly lower than the previous year due to a drop in
orders and delayed commissioning of customer projects in its
welding unit.
 
 ($1 = 0.8619 Swiss francs)

 (Reporting by Kanjyik Ghosh; Editing by Savio D'Souza)
 ((Kanjyik.Ghosh@thomsonreuters.com;))

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