in , ,

Cyberattack Affects Sibanye-Stillwater, But Mining Operations Continue Unaffected

Read Time:1 Minute, 17 Second

The well-known Johannesburg-based platinum and gold miner Sibanye-Stillwater announced earlier this week that one of its IT systems had been the target of a cyberattack. While the attack has caused some disruptions to Sibanye’s global IT infrastructure, its key mining and processing operations have not been affected and are still operating as usual.

A representative for the business named James Wellsted claims that the cyberattack caused extensive system problems as well as the temporary suspension of servers. Sibanye acted quickly to determine the type and scope of the intrusion by isolating the compromised systems and starting an investigation with outside cybersecurity specialists.

Wellsted declared, “We are actively working to identify the source of the attack.” “While our global IT operations have been affected since Monday morning, we are taking steps to restore functionality and ensure the security of our data.”

The organisation has made it clear that there have been no demands for ransom linked to the attack, and the reason for it is still unknown. Renowned for its operations in South Africa and abroad, such as a palladium mine in Montana and projects in Finland, France, and Australia, Sibanye-Stillwater reaffirmed its dedication to a thorough resolution of the incident.

The corporation stressed in a statement that “our primary focus remains on safeguarding our operations and mitigating the impact of this cyber incident.”

Sibanye-Stillwater reassures stakeholders that it is committed to regaining full functioning to its IT systems and preserving operational continuity across all of its mining endeavours, even as investigations continue.

See also  CEO of Commonwealth Bank Alerts Investors to Economic Dangers as Profits Soar and Share Prices Drop

What do you think?

CFTC Chair Tells U.S. Senate Again That Bitcoin and Ethereum Are Commodities

French firefighters race to put out the fire at the cathedral in Rouen.