Rheinmetall, a leading German armaments and technology company, was targeted in a cyberattack over the weekend that affected all three of its divisions.
However, company officials have stated that the attack did not affect its operations. The cybercrime section of the public prosecutor’s office in Cologne is investigating the incident.
According to company spokesperson Oliver Hoffmann, Rheinmetall’s civilian business mainly serves industrial customers in the automotive sector.
Media outlets have reported that Rheinmetall is expanding its operations to provide weapons and ammunition to Ukraine.
This is not the first time Rheinmetall has been targeted by cybercriminals. In March, the company was subject to a cyberattack, but it claimed that the attack had little effect on the company’s operations.
During that attack, the company’s website, which is managed by an outside service provider, was briefly taken down.
As the largest arms company in Germany and one of the top three Western producers of military equipment and ammunition, Rheinmetall is currently valued at over 10 billion euros ($11 billion) on the stock market. This attack highlights the increasing threat of cyberattacks on businesses, especially those in the defense industry.
The investigation into the incident is ongoing, and it remains to be seen what impact, if any, the attack will have on the company’s operations in the future.
