Weir Group says ransomware attack impacted profit

Engineering firm Weir Group said it was the target of a ransomware attack during the second half of September, which impacted third-quarter profit.
Lenovo Yoga 7i laptop“Action taken to protect our IT infrastructure and data has led to significant temporary disruption but … managed to minimise the impact on our customers,” Weir Group Chief Executive Officer Jon Stanton said.

Weir now expects full-year profit before taxation and amortisation to be between 230 million pounds ($313.2 million) and 245 million pounds, as delay in shipments due to the attempted hack led to revenue deferrals.

The company said that so far there was no evidence any personal or sensitive data had been compromised or encrypted.