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Wind turbine manufacturer affected by cyber attack



(Reuters) – Wind power manufacturer Vestas Wind Systems A / S said on Monday that the cyber attack they reported over the weekend has affected parts of its internal IT infrastructure and that data has been "compromised".

The incident, what economic consequences yet is unclear, comes when Vestas juggles record demand for green power against supply constraints and high raw material costs that squeeze profit margins.

Shares in the world's largest manufacturer of wind turbines have already fallen by 25%. the year before the cyber attack, fell by about 3% in early trading on Monday.

In addition to concerns about any type of data breach, the market focus in the short term will also be on production delays and related costs, including the cost of solving the problem, said Citi analysts in a research release.

The cyber security incident on November 1

9 forced Vestas to shut down IT systems at several business units and locations to limit the problem, but the Danish company said it was able to continue its operations.

The preliminary The results of its investigation into the case also showed that its customers were unaffected by the incident. that a gradual reopening of all IT systems had begun.

Vestas is already under pressure from supply chain problems

This month, the company lowered its outlook for 2021 for the second time this year and reported a lagging quarterly profit, causing its shares to fall so much. much like 14%.


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