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Swatch Group suffers from ransomware cyberattack

09/29/2020

Swatch Group, a global company specializing in the manufacture and sale of finished watches and jewelry, as well as electronic systems and components for the watch industry, has been the victim of a ransomware cyberattack that has forced it to stop the activity of its IT system.

According to the statement sent to BleepingComputer, the Swiss company immediately evaluated and analyzed the nature of the cyber attack, took the appropriate measures and implemented the necessary corrections, indicating that the situation will return to normal as soon as possible, and also that legal measures will be taken. relevant against those responsible.