Simpson Manufacturing stops production due to cyberattack

Simpson Manufacturing Co., Inc., a leading American building and structural materials producer suffered a cyberattack that disrupted its IT infrastructure and applications. The incident was disclosed through a SEC 8-K filing, confirming disruptions in its operations, which are expected to continue for some time.

The company first detected IT and application issues on a Tuesday 10th of October and soon identified these problems as stemming from a cyberattack. In response, Simpson Manufacturing briought all affected systems offline to prevent further spread. The nature and specific type of the cybersecurity incident remain unclear, as no ransomware groups have yet claimed responsibility. The attack caused a halt in some of the company's operations.

To address the situation, the company has enlisted the expertise of third-party cybersecurity specialists to assist in the investigation and the recovery process. Both efforts are currently in their early stages.

While the form of the cyberattack hasn't been explicitly disclosed, the characteristics of the incident suggest it could be related to ransomware, especially given the extent of the disruptions and the need to take systems offline.