Security News > 2020 > January > Wheelie bad end to 2019 for Canyon Bicycles as hackers puncture IT systems

German cycle-maker Canyon Bicycles GmbH has confirmed it was the victim of a security break-in over the holiday period that has all the hallmarks of a ransomware attack with parts of the infrastructure padlocked by the perpetrators.

"The attack shows massive criminal intent," said Canyon founder and CEO Roman Arnold.

The CEO did say that Canyon expects delays to customer orders and delivery in the next few weeks but is making "Every effort" to lessen the impact on punters to "Get back to normal operations as quickly as possible."

Since the incident occurred, Canyon said it has worked closely with local and state criminal investigators, and has informed the commissioner for the state of Rhineland-Palatinate.

"Experts from the fields of IT, forensics and cyber security were able to quickly analyse and control the attack and have already initiated solutions and countermeasures," Canyon added.

News URL

https://go.theregister.co.uk/feed/www.theregister.co.uk/2020/01/07/hackers_canyon_bicycles/