February 14, 2024 at 12:05PM
VARTA AG, a German battery manufacturer partially owned by Energizer Holdings, was hit by a cyberattack causing a shutdown of IT systems and halting production at five plants. Although the extent of the impact is still being assessed, the company is focusing on data integrity and has activated an emergency plan with a cybersecurity task force. The incident has led to a 4.75% drop in VARTA’s share price. BleepingComputer has sought further details from VARTA regarding the nature of the cyberattack.
From the meeting notes, it is clear that VARTA AG, a German battery manufacturer partially owned by Energizer Holdings, was the victim of a cyberattack which forced the shutdown of its IT systems, leading to the cessation of production at its plants. The cyberattack impacted five production units and the administration, causing a severe disruption. VARTA has taken proactive measures to contain the breach, including temporarily shutting down production and forming a task force of cybersecurity experts and data forensic specialists to aid in system restoration. The company is focused on ensuring data integrity and assessing the scope and impact of the incident. Although the exact nature of the attack has not been confirmed, the incident led to a 4.75% decrease in the company’s share price. Further information on the nature of the cyberattack, including whether data encryption was involved, is not immediately available.