CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

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CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

Exco Technologies hit by cybersecurity breach

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Exco Technologies operates facilities in Uxbridge, Newmarket and Markham, Ont. PHOTO courtesy Exco Technologies.

Exco Technologies Limited, a global supplier of technologies servicing the die-cast, extrusion and automotive industries, has confirmed that three production facilities within its Large Mould Group are recovering from a cyber incident.

The balance of the company’s operations remain unaffected, Exco Technologies, which operates three plants in Ontario, has stated in a release.

Upon learning of the incident last week, Exco took steps to secure its systems and mitigate the impact to the company’s data and operations. Independent experts have been retained to assist the Exco Technologies in dealing with the matter in accordance with industry best practices.

Exco temporarily disabled certain computer systems as it investigates this incident. The company is in the process of safely bringing these systems back online, and at this time expects operations to be substantially restored over the next two weeks.

Exco is currently assessing the financial impact of the situation. Shipments to customers have not and are not expected to be materially interrupted, the company said

Exco has 20 locations in 9 countries. It employs about 5,000 people.

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