On May 23, 2023, ABB, Ltd. posted a notice on its website discussing a recent
IT security incident” following a confirmed ransomware attack. While ABB has determined that the hackers responsible for the attack removed certain files, the company is still in the process of determining what type of information was leaked and who it belonged to. If and when ABB confirms that consumer data was leaked, the company will begin sending out data breach notification letters to all individuals who were impacted by the recent data security incident.

If you receive a data breach notification from ABB, it is essential you understand what is at risk and what you can do about it. Ransomware attackers are notorious for targeting companies that possess a vast amount of consumer data—whether it belongs to employees, customers, or third parties. While there are still many unanswered questions about the ABB breach, it appears that the incident very possibly resulted in confidential consumer data being exposed to an unauthorized party. To learn more about how to protect yourself from becoming a victim of fraud or identity theft and what your legal options are in the wake of an ABB data breach, please see our recent piece on the topic here.

What We Know So Far About a Possible ABB Breach

News of the ABB data breach is still fresh; however, what we know at this point comes from the company’s press release dated May 23, 2023. According to this source, ABB recently learned about an IT security incident that impacted some of the company’s IT network. In response, ABB contained the incident and then retained cybersecurity experts to assist in the company’s investigation.

ABB’s investigation confirmed that the incident was related to a ransomware attack targeting the company’s IT network and that hackers were able to exfiltrate—or steal—certain data.

ABB was able to get all systems back up and running in short order; however, the investigation into the ransomware attack is still ongoing. Currently, ABB is trying to identify all data that was accessed or removed by the hackers and who it belonged to

On May 23, 2023, ABB posted a press release about the incident indicating that it will send out data breach letters to all individuals whose information was compromised as a result of the recent data security incident.

More Information About ABB

Founded in 1988, ABB is an electrification and automation company based in Zurich, Switzerland; however, the origins of the company date back to the 1800s. ABB designs and manufactures a wide range of technology and related equipment for customers, including those in the automotive, life sciences, marine, wind power, printing, metals and mining, railway and paper industries. ABB is traded on the SIX Swiss Exchange, Nasdaq Stockholm, and the New York Stock Exchange. ABB employs more than EMP people and generates approximately $REV million in annual revenue.