German Steel Giant ThyssenKrupp Suffered Major Hacker Attack

Posted: Dec 8 2016, 4:43am CST | by , Updated: Dec 8 2016, 4:48am CST , in Latest Business News

German Steel Giant ThyssenKrupp Suffered Major Hacker Attack
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One of Germany's largest companies has been under a sophisticated cyber attack.

German ThyssenKrupp has been the target of a large scale and sophisticated cyber attack. The hacker attack originates from south east Asia and was aimed at stealing the company's secrets.

"Thyssenkrupp was since February target of a very professional Hacker Attack." Martin Hölz, Chief Information Officer at ThysenKrupp told German WirtschaftsWoche.

The hacker attempted to install backdoors to keep access to the IT systems of the multi-national company. Industrial espionage is a danger for companies since even before the Internet. ThyssenKrupp has its own Computer Emergency Response Team (CERT) that took care of the hackers and cleaned and secured the system again.

The hacker managed to steal some data records from two business units at ThyssenKrupp before the attack has been noticed and stopped. ThyssenKrupp has reported the incident to the German officials. The chances of bringing the hackers to justice are though slim.

ThyssenKrupp AG is based in Duisburg and Essen, Germany. The huge corporation consists of 670 companies worldwide. ThyssenKrupp is one of the world's largest steel producers, but also provides components and systems for the automotive industry, elevators, escalators, material trading and industrial service.

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Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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