LONDON DAILY ARCHIVE
IMI Engineering Group Confirms Cyber Attack Amid Rising Threats to UK Firms
IMI, a FTSE 100 engineering company, has reported a cyber attack, marking an ongoing trend of security breaches affecting UK businesses.
06 February 2025 · 13:46 UTC
The Birmingham-based company stated that it had engaged external experts to investigate the breach and to mitigate its effects immediately upon discovering unauthorized access.
IMI has not disclosed specific details regarding what data may have been compromised in the attack.
However, it is understood that systems in several locations worldwide have been impacted.
Representatives from IMI communicated that they are taking steps to comply with requisite regulatory obligations following the incident and have informed both employees and customers about the situation.
Reports indicate that the attack did not specifically target employee or customer data.
Following the announcement, shares of IMI experienced a decline of 3% during morning trading on the London Stock Exchange.
This incident occurs in the context of a recent surge in cyber attacks affecting various UK companies.
Just a week prior, fellow FTSE 100 firm Smiths Group reported a cyber attack impacting its global systems, although it has been clarified that no direct connection exists between the two incidents.
This pattern of cyber threats in the UK has included several significant breaches.
For instance, Transport for London disclosed a major IT hack that led to nearly 5,000 customers being notified about potential exposure of their information.
Additionally, high-end retailer Harvey Nichols admitted that customer data might have been compromised during a cyber incident last autumn.
Furthermore, in November, Portsmouth City Council was one of several local authorities to be impacted by a distributed denial-of-service (DDoS) attack, flooding their servers with traffic from various sources.
IMI operates in 50 countries, primarily within the United States, Europe, and Asia.
The company focuses on fluid and motion control markets, providing engineered components that cater to sectors including process automation, climate control, transportation, and life sciences.