Metals & Mining


Malware Attack Disrupts Multiple Sites of Rheinmetal AG Causing Shares to Drop

September 27, 2019

German arms and car parts maker Rheinmetall said it had been hit by a malware attack affecting production at some sites in the United States, Mexico and Brazil, sending shares down in early trade on Friday. “Normal production processes at these locations are currently experiencing significant disruption,” Rheinmetall said in a statement late on Thursday.
Rheinmetall shares, which have risen around 50% since the start of this year, were indicated to open 2.9% lower in early Frankfurt trade on Friday.

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DDoS Attack Caused Brief Disruption at German weapons manufacturer Rheinmetall

March 28, 2023

The Russian hacker group has today targeted the German weapons manufacturer Rheinmetall with a DDoS attack. Rheinmetall’s website was briefly unavailable on the morning of 28 March. Access was later restored.

Rheinmetall is expected to provide Ukraine with ammunition and weapons, such as tanks, which prompted the Russia-affiliated hackers to target the company.

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Limited Operational Impact after Cyberattack at Copper Mining Company FCX

August 11, 2023

Copper mining company Freeport-McMoRan (FCX) suffered a cyber attack that hit its information technology systems and caused limited impact to its operations. Phoenix, Arizona-based FCX said “the company is assessing the impact and proactive measures are being taken to address the situation. The company is working closely with third-party experts and law enforcement.

“To date, there has been limited impact on production. Transitional solutions are being planned and implemented to secure information systems as quickly as possible.

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Recycling, Mining Provider, Tomra, Hit in ‘Extensive’ Attack

July 16, 2023

Norwegian recycling and mining corporation Tomra suffered an “extensive cyberattack” Sunday which affected some of its data systems, company officials said.
“Tomra has been targeted by an extensive cyberattack directly affecting some of the company’s data systems,” the company said in a statement. “Relevant authorities have been informed, and all available internal and external resources have been mobilized to contain and neutralize the incident.
“The attack was discovered in the morning of July 16th (CET), and immediate actions were taken to stop it and mitigate consequences. We immediately disconnected some systems to contain the attack, and Tomra is currently assessing whether customers and employees might experience reduced stability in our services. Our primary focus now is to get all systems up and running again as fast as possible.”

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Vesuvius Industrial Manufacturer Discloses $4.6M Cost as Result of Cyber Incident

February 6, 2023

Vesuvius, a UK-based molten metal flow engineering company issued an alert on February 6, 2023, which stated it was “currently managing a cyber incident, [which] has involved unauthorized access to our systems.” The London Stock Exchange-listed ceramics manufacturer disclosed in May that the perplexing cyber incident will incur a hefty cost of $4.6 million.

The exact nature of the incident remains shrouded in secrecy, as the company has refrained from providing specific details.

Notably, Vesuvius is the second British industrial ceramics manufacturer to disclose a cyber incident in 2023. In January, Morgan Advanced Materials, a company specializing in semiconductor production, also submitted a cybersecurity incident notice to the London Stock Exchange.

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Ransomware attack at Copper Mountain Mining Corp.

December 27, 2022

Copper Mountain Mining Corp. was the target of a ransomware attack on Dec. 27. The attack targeted the IT systems at its Copper Mountain Mine and corporate office. Copper Mountain said it implemented risk management systems, isolated operations, switched to manual processes, and preventatively shut down the mill “to determine the effect on its control system.” “There have been no safety or environmental incidents as a result of the attack,” the company said.

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World’s Largest Copper Smelter Largely Maintains Operations after Cyberattack

October 21, 2022

Aurubis, Europe’s largest copper smelting company, sustained a cyberattack. The company believes it was targeted as part of a larger campaign against the metals sector. It responded by shutting down certain IT systems and isolating them from the Internet. Its core industrial processes have continued to function. “The production and environmental protection facilities at the smelter sites are running, and incoming and outgoing goods are also being maintained manually,” Aurubis said. “Transitional solutions are being implemented to make the company’s full services available to business partners again starting next week. Customers and suppliers can still reach their Aurubis contacts by phone.”

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Cyber attack at German Steel Mill damages equipment

December 22, 2014

A German steel mill was targeted with malware that gave the attackers access to the business network and then to the SCADA/ICS network. The event was confirmed by the German government’s Federal Office for Information Security (BSI) in an IT security report. Attackers that appeared to particularly target industrial plant personnel, caused plant control components to fail, resulting in an uncontrolled furnace, which eventually caused physical damage to the steel factory.

According to a study issued by the SANS Institute, the hackers used spear-phishing attempts to obtain access to the steel mill network. The email most likely contained an attached document that, when opened, activated the malicious malware onto the system. The malware then constructed a remote connection point to establish a bridge between the attackers and the targeted industrial network by exploiting vulnerabilities in a targeted operating system. The hackers were able to modify the programmable logic controllers (PLCs) at this stage, jeopardizing the furnace’s operations, which further lead to its own physical damage.

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Advantech Hit By Ransomware

November 19, 2020

Ransomware attack hit Taiwan-based Advantech Co. in November, 2020 and the hackers sought 750 bitcoin or $13.8 million in exchange for the decryption key.

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