On Wednesday, steel manufacturer Nucor announced that it had encountered a cybersecurity incident that led the company to temporarily suspend certain production operations as a precautionary measure.
Headquartered in North Carolina, Nucor reported that it had detected “unauthorized third-party access to specific information technology systems” utilized in its operations.
While Nucor did not detail which production units were “temporarily and proactively” halted in its regulatory submission, the company confirmed it was in the process of restoring these operations.
The company operates facilities across North America.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| NUE | NUCOR CORP. | 117.73 | -1.21 | -1.02% |
As part of its response to the cybersecurity issue, Nucor stated it had taken “potentially affected systems offline” and initiated other measures detailed in the regulatory filing.
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Nucor stated in its filing that the company is diligently investigating the incident with the help of top external cybersecurity advisors and has informed federal law enforcement of the situation. It emphasized that as the investigation unfolds, it will continually assess the timing and significance of the event.
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Promoted as the “largest and most diversified steel and steel products producer” in North America, Nucor manufactures a range of products including bars, beams, electrical conduit, girders, and fasteners, as outlined on its website.
