UK based Volex PLC impacted by cyberattack

Volex PLC, a renowned UK manufacturer of power and data transmission products, has become the latest target of a cyberattack. In the incident attackers accessed certain IT systems and data across multiple global locations.

Volex responded to the breach by activating predefined IT security procedures and immediately acted to halt the unauthorized intrusion into our systems and data. They also took steps to ensure the continuous operation of its websites and maintain its global production rates. Their actions are aimed at ensuring consistent trade activities with both their suppliers and customers.

While the intrusion was successful in compromising some of Volex's systems, the company maintains that the attackers did not access financial information. Volex has brought onboard external cybersecurity professionals to thoroughly investigate the nature, origin, and potential consequences of this breach.

Volex has not disclosed any details about the incident, the type of attack, impacted data or individuals.
 
Volex reassures that there's no tangible evidence indicating any significant financial repercussions due to this breach. Nevertheless, the company's stock value saw a decrease of roughly 4% on a Monday morning.