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German battery maker Varta halts production after cyberattack. Battery maker VARTA AG announced yesterday that it was targeted by a cyberattack that forced it to shut down IT systems, causing production to stop at its plants. VARTA is a German manufacturer of batteries for the automotive, consumer, and industrial sectors, partially owned by Energizer Holdings. The brand has an R&D history spanning 136 years, and its products are available worldwide. VARTA's annual revenue exceeds $875 million. The company announced that hackers targeted parts of its IT infrastructure on Monday night, causing a severe disruption in five production units. "Last night, February 12th, 2024, the VARTA Group was the target of a cyber attack on parts of its IT systems," reads a press announcement shared by VARTA. "This affects the five production plants and the administration. The IT systems and, thus, production were proactively shut down temporarily for security reasons and disconnected from the internet." The scope of the incident's impact is currently under evaluation, and the damage caused has yet to be determined. VARTA says its current priority is to ensure data integrity, opting for proactive shutdowns that could help contain the IT systems breach. The company says it implemented the measures in its emergency plan and formed a task force consisting of cybersecurity experts and data forensic specialists, who will aid in system restoration. Although the incident carries the hallmarks of a ransomware attack, this has not been determined yet, and no major threat groups have assumed responsibility for the attack. Halting production operations in five plants with no clear timeline for restoring normal operations has resulted in VARTA's share price sliding by 4.75% following the announcement of the cyberattack. BleepingComputer reached out to VARTA to learn more about the nature of the cyberattack and whether it involves data encryption, but a comment wasn't immediately available.

Daily Brief Summary

CYBERCRIME // VARTA AG Halts Production Due to Targeted Cyberattack

German battery manufacturer VARTA AG was the victim of a cyberattack leading to a shutdown of IT systems and halting production across five plants.

The incident occurred on the night of February 12th, 2024, with the company taking proactive measures to shut down and disconnect IT systems for security.

VARTA's history spans over a century, and the company's products are known globally, contributing to over $875 million in annual revenue.

The full extent and damage of the cyberattack are currently being assessed; VARTA's primary focus is on maintaining data integrity.

An emergency plan was activated, including the formation of a task force with cybersecurity experts for system restoration.

The nature of the cyberattack remains unclear, with no confirmation of it being a ransomware attack or any group claiming responsibility.

The company's share price experienced a 4.75% drop after news of the cyberattack became public.

VARTA has yet to release further details on the cyberattack, including whether data encryption was involved.