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Cyber Security

Swiss watchmaker Swatch shuts down IT systems to stop cyberattack

Swiss watchmaker Swatch Group shut down its IT systems over the weekend after identifying a cyberattack targeting its organization. Swatch is known for its colorful watches commonly found in department stores and employs over 36,000 people. The news of this cyberattack comes shortly after numerous billion-dollar companies, including Luxottica, Universal Health Services, Arthur J. Gallagher (AJG), and Tyler Technologies, were hit with ransomware. If you have first-hand information about this or other unreported cyberattacks, you can confidentially contact us on Signal at +16469613731 or on Wire.

Source: https://www.bleepingcomputer.com/news/security/swiss-watchmaker-swatch-shuts-down-it-systems-to-stop-cyberattack/

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