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British Engineering Firm IMI Reports Cybersecurity Breach

IMI has enlisted cybersecurity experts to investigate unauthorized access to its systems, but details on the attack remain scarce.

  • 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.
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