: Ski-Doo maker BRP resumes operations following cyber attack; shares fluctuate

by | Aug 15, 2022 | Stock Market

BRP Inc. announced the resumption of operations at some of its sites Monday following a cyber attack that targeted the Ski-Doo maker. On Aug. 9, BRP Inc.
BRP,
+2.03%
announced the temporary suspension of its operations as a result of the attack, which it described as “malicious cybersecurity activity.” BRP Inc. shares fluctuated on Monday, compared with the S&P 500 index’s 0.2% decline.

The company said its manufacturing sites in Valcourt in Canada, Rovaniemi in Finland, Gunskirchen in Austria and Sturtevant in the U.S. are ramping up production activities and expect to be fully operational on Tuesday. “The rest of the production sites are planning to resume operations over the course of the week in a phased approach,” BRP said, in a statement released early Monday. See Now: Cisco says it was breached by hacker linked to notorious cybercrime groups “BRP’s team, with the assistance of external advisers, are currently working to restore all internal systems from its backup repositories,” the company added. The malware infiltration came through a third-party service provider and the attack was limited to BRP’s internal systems, according to the Valcourt, Quebec-based company. “At this time, while the investigation is still ongoing, it has not revealed any evidence that its clients’ personal information would have been affected by the attack,” BRP s …

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