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Business AM spoke at the Cybersec Europe trade show with Marc Colman, IT Infrastructure Manager at loom manufacturer Picanol. In 2020, a all but shut down the company. Colman talked about how Picanol dealt with that.


Listen to the interview with Marc Colman here:


Listen to the second part here:


  • "100 percent sure we don't know (how it happened, ed.), but there's a 99 percent chance it came in through a phishing email that one of our employees responded to incorrectly. From there, they then started moving laterally to be able to get more permissions to then carry out their hack five or six weeks after the initial attack."
  • 1,500 people were suddenly unable to work because of the attack. "The immediate impact was that our core infrastructure was down." Picanol relies heavily on electronic equipment to fuction. "As a result, the company was basically down."
  • Colman says this could happen to any company. "Everyone gets hacked at some point, so try to prepare as best you can." However, no company will ever be 100 percent protected," he says.

© The Content Exchange, source News