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Featured Article

January 23, 2019

Cyberattack! E-Mails Down at 4,100 Employee Nyrstar

Nyrstar is a global multi-metals business with a market-leading position in zinc and lead, and growing positions in other base and precious metals which are essential resources that are fueling the rapid urbanization and industrialization of the world.

It has mining, smelting and other operations in Europe, the Americas and Australia and employs about 4100 people. 

Nyrstar has been hit by a cyber-attack affecting the Port Pirie site’s emails and information technology systems.

The company said that on Tuesday some systems, including email, were “down” at its headquarters in Zurich, Switzerland, and globally at the metals processing and mining operations.

The Belgian-listed company, which is working on a deal to restructure its debts, recently said Martyn Konig had agreed to take up the role of executive chairman, while Roman Matej had been appointed CFO, replacing Michel Abaza who has left the group.

The decision to make Mr Konig executive chairman will allow Nyrstar’s chief executive Hilmar Rode to focus on the day-to-day running of the company without being distracted by the discussions over debt, according to people familiar with the situation.

“The cyber-attack issue has been contained and the company is working on a technical recovery plan with key information technology partners and global cyber security agencies,” it said.

“Some of the information technology systems, including email correspondence, have been shut to help contain the issue. 

“The metals processing and mining operations are not operationally impacted. The company has taken precautionary measures to ensure continued operations of its sites.

“The company is assessing and managing the cyber-attack issue to minimize the impact on its operations, customers and key stakeholders from the situation. 

This attack reminds us of the need to ensure business continuity checks are in place.

Regardless of threats – cybersecurity, weather or even bad luck like a pipe bursting near the data center, companies need a plan and then must test the plan often to ensure business disruptions are minimized.

If resources are constrained - be sure to hire a qualified MSP or MSSP to help ensure your business is protected.

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