According to BERLIN (Reuters) – Continental AG said on Monday that a cyberattack it reported in August had resulted in some data being stolen from the company. Continental AG, also known as Continental or colloquially as Conti, is a German multinational auto parts manufacturing company specializing in brakes, electronics, automotive safety, components, tachographs, tires and other parts for the automotive and transportation industries. Continental is structured into six divisions: Chassis and Safety, Powertrain, Interior, Tires, ContiTech, ADAS (Advanced Driver Assistance Systems). It is headquartered in Hanover, Lower Saxony. Continental is the world’s fourth-largest tire manufacturer.
The investigation into the incident is still ongoing, said a spokesperson for the company in a statement.
German daily Handelsblatt earlier on Monday reported that 40 terabyte of data had been stolen during the attack, and that the cyberattackers had demanded ransom.
Continental stated on there website ” Immediately after the attack was discovered, Continental took all necessary defensive measures to restore the full integrity of its IT systems. With the support of external cybersecurity experts, the company is conducting an investigation into the incident. The investigation is ongoing.”
Allegedly, a ransomware group called LockBit is claiming responsibility for the hack.