Cyberattack at SAF-Holland Causes Three Month Production Backlog

June 28, 2023

INCIDENT

The commercial vehicle supplier SAF-Holland was the target of a cyber attack. Production is interrupted at certain locations and could last seven to fourteen days. Management is currently assuming that it will be able to catch up on the resulting production backlog over the course of the next three months.

The share, which is listed on the SDax, slipped briefly into the red after the news became known, but was recently up a good one percent again.

Incident Date

March 25, 2023

Location

Germany

Estimated Cost

Production disrupted 7-14 days causing 3 month backlog

Type of Malware

No Malware identified

Threat Source

No threat source identified