Steelcase Cyber Attack Should Be a Wakeup Call
Thursday, 12 November, 2020
In late October, another manufacturer fell victim to a serious ransomware attack. Specifically, Grand Rapids, MI-based Steelcase suffered a Ryuk ransomware attack, forcing it to halt global operations for roughly two weeks. As the world’s largest office furniture manufacturer, Steelcase has nearly 13,000 employees, a network of 800 dealers, and $3.7 billion in revenue in 2020. According to its October 26 SEC filing, Steelcase “promptly implemented a series of containment measures to address this situation including temporarily shutting down the affected systems and related operations.” The question is: Why do these events continue to occur across manufacturing environments?
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