Cyberattack Cost Eberspächer Automotive Supplier $60Million says CEO
The German supplier Eberspaecher Group fell victim to a large-scale cyberattack on October 24, 2021. To prevent the possible spread of the attack within the company and externally, the company shut down all networks and servers. Later reports stated that at this point, some of the data had already been tapped and encrypted. Stellantis, Volkswagen, Audi, BMW among the automakers that could be impacted.
UPDATE July 2022,: Automotive News reports that the company is finally eliminating the remaining effects from its 80 sites worldwide. The attack cost the company a “mid-double-digit million amount,” Eberspaecher CEO Martin Peters told journalists.
October 24, 2021