Overview
- IMI, a global engineering company listed on the London Stock Exchange, disclosed a cybersecurity breach involving unauthorized access to its systems.
- The company has hired external cybersecurity specialists to contain the incident and assess its impact, while complying with regulatory requirements.
- IMI has not revealed whether sensitive company or customer data was compromised or the extent of the attack's operational impact.
- The breach follows a similar disclosure by rival engineering firm Smiths Group last week, though the two incidents are not believed to be connected.
- Shares in IMI fell 3% following the announcement, reflecting investor concerns over the breach's potential consequences.