Security News > 2023 > October > Datacenter cabling biz Volex confirms digital break-in

Datacenter cabling biz Volex confirms digital break-in
2023-10-09 11:30

Volex, the British integrated maker of critical power and data transmission cables, confirmed this morning that intruders accessed data after breaking into its tech infrastructure.

Volex produces power cords, plugs, connectors, electric vehicle charging components, consumer cable harnesses and power products, datacenter power cables, high speed copper interconnect cables, and more.

We have asked the company how the criminals broke in, how long they were inside, what alerted Volex to the intrusion, if a ransom was demanded, and if any malware was deployed.

Shares in Volex dipped by more than 3 percent off the back of today's warning, something pointed out by Simon Chassar, chief revenue officer at infosec biz Claroty, which specializes in working with industrial, healthcare, and public sector organizations.

"Attacks such as this can result in global supply chains going down and months-long production delays, further impacting a company's reputation and finances," he told The Register.

Chassar added: "Patching procedures need to be in place to close critical vulnerabilities within cyber-physical systems, and network segmentation with asset class policies must be implemented to limit the movement of malware and protect critical assets." .


News URL

https://go.theregister.com/feed/www.theregister.com/2023/10/09/volex_confirms_cyber_attack/