Sumitomo Metal Mining Co.βs Philippine nickel smelting subsidiary, Coral Bay Nickel Corporation, suffered a ransomware attack that led the company to isolate affected servers and engage external specialists to investigate. The incident had a limited impact on operations and is not expected to significantly affect the companyβs consolidated results. #SumitomoMetalMining #CoralBayNickel
Information
- Victim: Sumitomo Metal Mining Reports Ransomware Attack at Philippine Nickel Subsidiary β TipRanks.com (victim name in english)
- Website: cbnc.com.ph
- Country: Philippines
- Date Reported: 2026-04-07
Keypoints
- Coral Bay Nickel Corporation, a Philippine nickel smelting subsidiary of Sumitomo Metal Mining Co., was hit by a ransomware attack.
- The company isolated the affected servers to contain the incident.
- Sumitomo engaged external specialists to investigate the breach.
- The attack caused only limited disruption to operations.
- Management does not expect the incident to materially affect the companyβs consolidated financial results.