Swich Swatch Group SA victim of a cyber attack

[German]The Swiss watch manufacturer Swatch has fallen victim to a cyber attack. The company shut down its IT systems after this attack was discovered.

The Swatch Group SA  is a global company specializing in the manufacture and sale of finished watches and jewelry, as well as watch movements and components. In addition, the Swatch Group is also active in the manufacture and sale of electronic systems and components for the watchmaking industry as well as for other sectors. The company has its legal domicile in Neuchâtel and its administration is located in Biel/Bienne (Sizzerland).

Cyber attack on the weekend

In this comment you will find the first info about the incident (thanks). Reuters reports in this article about the cyber attack. The Swatch Group has shut down its IT systems after discovering a cyber attack over the weekend. This was announced by the watch manufacturer today, Tuesday. Not too much details are know so far.

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

A shutdown of some of its systems – which the Group carried out on a precautionary basis – affected some of its operations, a Swatch Group spokesperson said, without specifying which operations were affected. "The situation will return to normal as soon as possible," the spokesman said.