PublicWire | Emerging Market Stock News
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
No Result
View All Result
PublicWire
No Result
View All Result

Home » Technology » Toyota to shut down Japanese plants after supplier hit by cyber attack

Toyota to shut down Japanese plants after supplier hit by cyber attack

by PublicWire
February 28, 2022
in Technology
Reading Time: 2 mins read
0

The world’s largest carmaker Toyota will shut down all of its plants across Japan and the factories of two subsidiaries Hino and Daihatsu after a suspected cyber attack on one of the carmaker’s largest parts suppliers.

The decision by Toyota comes as governments around the world warn companies of cyber attack risks following Russia’s invasion of Ukraine.

Senior Japanese officials told the Financial Times they feared leading companies were now targets for reprisals after the government joined other G7 industrial nations in applying tougher sanctions against Russia.

Toyota, which did not specify the nature of the attack nor identify Russia as a source, said it would stop production at all 14 domestic plants. Toyota employs more than 70,000 workers in Japan.

Hino also said on Monday it would shut down domestic plants on Tuesday. Daihatsu could not be reached for comment.

Toyota said the shutdown followed “system failures at a domestic supplier”, which it later identified as the general component maker Kojima Press Industries.

The carmaker added that shutting down all domestic plants for one day would reduce production by 13,000 vehicles. It is investigating whether it can resume operations on Wednesday.

Japanese media, without citing sources, reported the attack on Kojima appeared to have affected Toyota’s system for making and receiving orders for parts.

Kojima Press Industries’ website was inaccessible on Monday night. The company said it had been attacked by a targeted virus from outside, adding that it was considering informing the police.

Japan’s ministry of economy, trade and industry said in a statement on Wednesday last week: “Given the current situation, the potential risk of cyber attacks is increasing.”

Japan’s prime minister Fumio Kishida told reporters on Sunday that the country had decided to join western nations in removing some of Russia’s banks from the Swift global payments system.

The shutdown of Toyota’s factories comes at a time when the company has been aiming to ramp up production following stoppages caused by the global chip shortage and Covid-19 pandemic last year.

Officials at the cabinet secretariat’s cyber security centre said they were aware of the reports and were gathering information with the ministry of industry, but said they could not determine where the attack originated.

However, one adviser to the Japanese government on cyber security issues said concerns were rising that Russian president Vladimir Putin had unleashed hackers with orders to attack targets in countries that were prominent supporters of Ukraine.

“Normally, you would look at an attack on Toyota or Kojima as financially motivated, but there does not seem to be evidence of that here,” said the adviser.


This post was originally published on this site

Previous Post

Will We See The Climate Change Emergencies Act?

Next Post

Data sharing, ports and manufacturing: White House reveals supply chain plans

PublicWire

At PublicWire, we know the vast majority of all investors conduct their due diligence and get their news online in a variety of ways including email, social media, financial websites, text messages, RSS feeds and audio/video podcasts. PublicWire’s financial communications program is uniquely positioned to reach these investors throughout the U.S. and Canada as well as on a global scale.

Related Posts

Technology

Apple taps TSMC’s latest tech and BYD races into Japan

September 15, 2022
0
Technology

Fortress China: Xi Jinping’s plan for economic independence

September 15, 2022
0
Technology

Patreon: fight for talent makes creator economy more costly

September 15, 2022
0
Technology

Wall Street shudders after seeing US inflation data

September 14, 2022
0
Technology

After the tech sell-off: will growth investors keep the faith?

September 14, 2022
0
Technology

UK university develops device to restore sense of touch to stroke patients

September 14, 2022
0
Next Post

Data sharing, ports and manufacturing: White House reveals supply chain plans

Please login to join discussion

Subscribe To Our Newsletter

Loading
Ad
PublicWire | Emerging Market Stock News 24/7 | Investor Relations US Stock Market

© Copyright 2022 publicwire.com

Navigate Site

  • About
  • Contact Us
  • Disclaimer
  • Watch LIVE
  • Privacy Policy
  • Terms and Services
  • Contributors

Follow Us

No Result
View All Result
  • LIVE Investor News Channel
  • Cannabis
  • Energy
  • Finance
  • General
  • Medical
  • Podcasts
  • Retail
  • Technology
  • Videos

© Copyright 2022 publicwire.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.