"Ransomware Attack Foils IoT Giant Sierra Wireless"

A ransomware attack on leading internet-of-things (IoT) manufacturer Sierra Wireless this week grounded its production activity to a halt and froze various other internal operations.  The Canadian multinational manufacturer creates a broad array of communications equipment from gateways to routers, cellular modems to modules, and smart connectivity solutions for IoT devices.
The ransomware attack first affected the company on March 20, pushing its IT systems offline and halting production across its manufacturing sites. The company's website (sierrawireless.com) is currently down, saying, "Site is under maintenance". The company stated that it is currently working to bring its internal IT systems back online and hopes to restart production at its facilities soon.  According to Sierra Wireless, once the company learned of the attack, its IT and operations teams immediately implemented measures to counter the attack according to established cybersecurity procedures and policies developed in collaboration with third-party advisors.  The company at this time does not believe its customer-facing products and services have been impacted by the attack. It is not clear whether customer data has been affected.  Sierra Wireless has not yet specified how the cyber attack initially occurred, what type of ransom was demanded, and whether they considered paying.

Threatpost reports: "Ransomware Attack Foils IoT Giant Sierra Wireless"