IOT Giant, Sierra Wireless, Suffers Ransomware Attack; Production Halted
Internet-of-things giant, Sierra Wireless, suffered a ransomware attack leading them to halt production activity and freeze various other internal operations. The Canadian multinational manufacturer creates a broad array of communications equipment, from gateways to routers, cellular modems to modules, and smart connectivity solutions for IoT devices.
The ransomware attack first hit on March 20, pushing the company’s IT systems offline and halting production across its manufacturing sites. Sierra Wireless’ website and other internal operations have also been disrupted by the attack, it said on Tuesday. The company’s website (sierrawireless.com) is currently down, saying “Site is under maintenance.” The company states that it is currently working to bring its internal IT systems back online, and hopes to restart its production facilities “soon.”
Due to the disruptions caused by the cyberattack, the company is also withdrawing its first-quarter 2021 guidance, which had been provided on Feb. 23 — highlighting the potential financial damages that the attack may have on the company. However, the company said, at this time it does not believe its customer-facing products and services have been impacted by the attack. It’s not clear whether customer data has been affected.
Sierra Wireless has not released specifics regarding how the cyberattack occurred, what type of ransom was demanded and whether the company is debating on paying.
It’s also not clear how many production centers have been impacted by the cyberattack.