ST Engineering’s US unit suffers ransomware attack

Company says investigation indicates threat has been contained and is believed to be isolated to a limited part of ST Engineering’s commercial operations in the US.

0
717
ST Engineering Building

Singapore Technologies Engineering (ST Engineering) said Sunday (7 June) that its US subsidiary, VT San Antonio Aerospace, recently discovered a cybersecurity incident where a sophisticated group of cyber criminals using the so-called MAZE ransomware, gained unauthorised access to its IT network. Investigations into the incident are ongoing. Media reports in the US say this is the second time VT San Antonio Aerospace has been attacked, the first coming in March.

The VT San Antonio Aerospace facility in the US owned by ST Engineering. (PHOTO: VT San Antonio Aerospace)

The company said the investigation indicates the threat has been contained and is believed to be isolated to a limited part of ST Engineering’s commercial operations in the US. These businesses, including VT San Antonio Aerospace, continue to be operational. ST Engineering’s IT network in Singapore and its other businesses have not been compromised. Upon discovering the incident, ST Engineering disconnected certain systems from the network, retaining leading third-party forensic advisors to help investigate the incident and notified law enforcement authorities.   

“ST Engineering takes information security extremely seriously and as part of this process, it is conducting a rigorous review of the incident and its systems to ensure that the data it is entrusted with remains safe and secure,” the company said. “This includes deploying advanced tools to remediate the intrusion and to restore the affected systems. ST Engineering is also taking steps to further strengthen its overall cybersecurity architecture.”


For Editorial Inquiries Contact:
Editor Matt Driskill at matt.driskill@asianaviation.com
For Advertising Inquiries Contact:
Head of Sales Kay Rolland at kay.rolland@asianaviation.com


AAV Media Kit
Previous articleAAV In Conversation with David Dixon, president of Jetcraft Asia
Next articleSingapore Airlines raises S$10 billion in fresh funding to deal with pandemic shutdown

LEAVE A REPLY

Please enter your comment!
Please enter your name here