Monday, July 22, 2024

Hiap Seng Industries Servers Attacked by Ransomware

Hiap Seng Industries, a prominent engineering and construction company, has fallen victim to a ransomware attack that compromised its servers.

The company has swiftly taken measures to contain the breach and ensure the continuity of its business operations.

Immediate Containment and Recovery Steps

Upon discovering the ransomware attack by the Edge reports, Hiap Seng Industries immediately isolated its servers from the network to prevent the further spread of the malware.

The company activated its restoration and recovery protocols to maintain business continuity.

These steps are crucial in mitigating the impact of such cyberattacks, which can often lead to significant operational disruptions and financial losses.

Hiap Seng Industries reported that there has been no material impact on its business operations due to the incident.

This swift response highlights the company’s preparedness and resilience in the face of cyber threats.

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The company is committed to restoring normalcy and ensuring its clients and stakeholders experience minimal disruption.

Forensic Investigation and Cybersecurity Enhancement

Hiap Seng Industries has engaged third-party cybersecurity experts to conduct a thorough forensic investigation in response to the attack.

These experts will analyze the breach to understand how the ransomware infiltrated the system and identify any potential vulnerabilities.

The findings from this investigation will be pivotal in strengthening the company’s overall cybersecurity posture.

The appointment of external experts underscores Hiap Seng’s dedication to safeguarding its digital infrastructure.

By leveraging the expertise of seasoned cybersecurity professionals, the company aims to fortify its defenses against future cyber threats.

This proactive approach is essential when cyberattacks are becoming increasingly sophisticated and frequent.

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Divya is a Senior Journalist at GBhackers covering Cyber Attacks, Threats, Breaches, Vulnerabilities and other happenings in the cyber world.

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