On January 28, British engineering firm Smiths Group announced that it is handling a cybersecurity breach involving unauthorized access to its systems. The news led to a decline of up to 2.3% in its shares during early trading.
The company, renowned for manufacturing baggage-screening equipment and explosive detectors, stated that it promptly isolated the compromised systems upon discovering the breach.
Smiths Group revealed that it is collaborating with specialists to restore its systems and assess any potential broader impacts. The company affirmed its commitment to adhering to all pertinent regulatory obligations.
Further information was not disclosed by the company, promising to provide updates when deemed appropriate.