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Yodogawa Steel Works Reports Ransomware Incident at Taiwanese Subsidiary

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Yodogawa Steel Works Reports Ransomware Incident at Taiwanese Subsidiary

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Yodogawa Steel Works ( (JP:5451) ) just unveiled an announcement.

Yodogawa Steel Works has reported that its subsidiary, Sheng Yu Steel Co., Ltd. in Taiwan, experienced a ransomware attack, but all affected systems have been restored without disrupting business operations. The company has enhanced its security measures and is addressing potential information leaks with the help of external experts. The incident is under investigation by local authorities, but it is expected to have a negligible impact on the company’s overall business performance.

More about Yodogawa Steel Works

Yodogawa Steel Works, Ltd. operates in the steel industry and is listed on the Tokyo Stock Exchange. The company focuses on producing steel products and has a market presence in various regions, including Taiwan through its subsidiary Sheng Yu Steel Co., Ltd.

Average Trading Volume: 92,747

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen160.9B

See more insights into 5451 stock on TipRanks’ Stock Analysis page.

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