Facc AG, a manufacturer of aeroplane parts, has admitted in its third quarter financial report that cyber-criminals targeted the firm’s accounting department and managed to defraud it of €50 million (£38 million). “FACC´s IT infrastructure, data security, IP rights as well as the operational business of the group are not affected by the criminal activities,” the report said. The firm did not give any further details about the attack. “The management board has taken immediate structural measures and is evaluating damages and insurance claims,” it added.
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ORIGINAL SOURCE: SC Magazine UK