Production Disrupted at Swiss Metal and Plastic Component Manufacturer

March 6, 2025

INCIDENT

Adval Tech, an industrial conglomerate, has fallen victim to a cyberattack. The attack forced the company to shut down its IT systems worldwide as a precautionary measure. Production disruptions are expected at various locations. Adval Tech is working diligently with internal and external cybersecurity experts and relevant authorities to restore operations and resume business activities as soon as possible.

Incident Date

March 2, 2025

Location

Switzerland

Estimated Cost

Worldwide IT system shutdown

Type of Malware

No Malware identified

Threat Source

No threat source identified