Swatch shuts down some technology systems after cyberattack

Brenna Hughes Neghaiwi reports:

Swatch Group UHR.S shut down some of its technology systems after detecting a cyberattack over the weekend, the world’s biggest watchmaker said on Tuesday.

“Swatch Group confirms that it has identified clear signs of a developing cyber-attack on some of its IT systems during the weekend,” the company said in an emailed statement, confirming a report by Swiss news agency AWP.

Read more on Reuters.

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