Dutch Electromagnet Manufacturer Kendrion hit by Cyberattack

December 7, 2023

INCIDENT

The control technology manufacturer Kendrion was hacked. An unauthorized third party gained access to the company's network. The company took all of its systems offline and to keep operations running, relies on an emergency plan. Based on the current status of the investigation, it cannot be ruled out that the perpetrator also obtained company data.

Kendrion location in Malente was also affected by the attack. Development and sales are currently at a standstill, production could continue. Kendrion has sent home most of the 300 employees in Malente.

Kendrion issued a statement on September it had "fully resumed all operations. The incident has had no significant impact on our customer deliveries and is not expected to have a material impact on the company’s financial results."

Incident Date

August 29, 2023

Estimated Cost

6 days operations system disruption

Victims

No victims identified

Type of Malware

No Malware identified

Threat Source