Cyberattack Forces Recycling Company to Permanently Shut Down

May 13, 2025

INCIDENT

Recycling specialist Eu-Rec has filed for insolvency after cyberattack took its IT systems completely offline. As a direct result of the attack, orders could no longer be processed. The data compromised in the attack includes email addresses, telephone numbers, postal addresses, contact details, and bank account information. Around 50 employees are affected by the insolvency, but their wages and salaries are secured for the coming months thanks to insolvency benefits.

Eu-Rec offers environmental/waste management services.

Incident Date

April 7, 2025

Location

Germany

Estimated Cost

company filed for insolvency, 50 employees affected

Victims

Type of Malware

No Malware identified

Threat Source

No threat source identified