Prophete Bicycle Manufacturer Faces Bankruptcy After Cyberattack Disrupts Operations

Prophete Bicycle Manufacturer Faces Bankruptcy After Cyberattack Disrupts Operations

The German bicycle manufacturer Prophete was hit by a cyberattack on November 25, 2022, which disrupted its operations for about three weeks and contributed to its bankruptcy. The incident involved a ransomware attack, and ongoing investigations prevent disclosure of further details. #Prophete #Ransomware #Germany

Information

  • Victim: Prophete | Prophete
  • Website: prophete.de
  • Country: Germany
  • Date Reported: 2022-11-25

Keypoints

  • Prophete, a bicycle manufacturer, experienced a major cyberattack that halted its production, invoicing, and deliveries.
  • The attack occurred on November 25, 2022, and lasted approximately three weeks.
  • The incident involved ransomware, leading to significant operational disruptions.
  • Authorities including the Landeskriminalamt and data protection agencies were notified immediately.
  • The attack contributed to Prophete’s financial difficulties and potential bankruptcy.
  • Investigations are ongoing, and specific details of the attack have not been disclosed publicly.
  • The company’s brand future remains uncertain due to the impact of the attack and supply chain issues.

Read More: https://www.heise.de/news/Fahrradbauer-Prophete-Erste-Details-zum-Cyber-Angriff-7457031.html