Cyber Attack on Manufacturing Company Crown Equipment: Investigation and Recovery Process Revealed
Jun 21, 2024
Cyber Attack on Manufacturing Company Crown Equipment: Investigation and Recovery Process Revealed
View Video Transcript
0:00
manufacturing company with nearly 20,000
0:02
employees worldwide recently became the
0:05
victim of a Cyber attack Crown Equipment
0:07
Corporation in new Brean is temporarily
0:09
shut down because of this attack and to
0:12
news reporter Grace uitt is joining us
0:13
here live in the studio digging deeper
0:15
on the attack and what comes next Grace
0:17
who do official see is actually
0:19
responsible for this attack well the
0:21
corporation says that who's responsible
0:23
for this attack is an international
0:25
cyber criminal organization and the
0:28
company says they are currently working
0:29
with cyber Security Experts and federal
0:31
authorities to figure out what to do
0:33
next and they have not said if any
0:35
personal data was leaked Crown
0:38
Industries is one of the world's largest
0:40
Material Handling companies with 14
0:42
locations worldwide since the attack on
0:45
its facility in new Brean they've been
0:47
working around the clock to investigate
0:49
the system and resolve the matter in
0:51
response to the attack the company says
0:53
in part quote Crown reported that its
0:55
ongoing security measures played a key
0:57
role in helping to limit the effects of
0:59
the attack pack Crown is also working
1:01
closely with its customers to help
1:03
reduce the effect the incident may have
1:05
had on their operations Sean Waldman CEO
1:08
of secure cyber defense monitors 50
1:10
companies globally and knows about
1:12
dealing with hackers he says the reason
1:14
this happens is because sometimes
1:16
companies don't practice for this type
1:18
of threat they don't follow like some of
1:20
the basic things like having a good
1:22
backup plan making sure that you've got
1:23
good backups um a lot of companies uh
1:26
aren't adhering to some of the new Cyber
1:29
standards that are out Waldman says in
1:31
dealing with a Cyber attack like this
1:33
companies always want to follow three
1:35
steps notify the insurance company
1:38
consult an outside provider and involve
1:40
Federal authorities but most importantly
1:43
stay prepared having those written
1:45
procedures down on what you you know
1:48
what your protection is um what you're
1:50
going to do make sure that you have like
1:52
business continuity plans the best
1:55
prescription is being transparent so be
1:57
transparent be upfront be communic
2:00
and just let people know what's going on
2:01
in the path to
2:04
resolution and several employees at
2:06
Crown actually tipped us off about this
2:08
attack and we will continue to follow
2:10
Crown's progress as they try and recover
2:12
live in studio Grace hwit two news
#Computer Security
#Hacking & Cracking