Uponor Corporation, Investor news, 18 November 2022 at 09:30 am EET
Evidence of a data breach resulting from the ransomware attack on Uponor – the company is making progress on operations recovery
On 5 November 2022, Uponor was subject to a ransomware attack, which impacted its operations in Europe and North America. The company took immediate action to investigate and remediate the situation.
Based on the investigations, Uponor has evidence of a data breach affecting Uponor’s employee, customer, and other partners’ data. According to Uponor’s current knowledge, the breached data has not been published to the public domain.
Regarding Uponor’s business, the company’s operations are still affected by the attack, but the company is making continuous progress on its recovery.
The company continues to analyse the situation and the extent of the implications of the attack with security professionals and is taking all necessary measures to restore the situation.
Michael Rauterkus, President and CEO of Uponor Corporation, comments:
“Since the ransomware attack, Uponor has been taking all possible measures to investigate the matter and to ensure the continuity of Uponor’s business.
Uponor takes information security and the cyber security attack extremely seriously. I want to thank our employees for all their efforts and our customers and partners for the strong support they have shown to Uponor.”
Uponor considers the ransomware attack and the data breach serious criminal acts. The company has reported the incident to the police and the data protection authorities. As the case is under police investigation, Uponor does not comment on the matter any further.
Senior Vice President, Corporate Communications & IR
Tel. +358 (0)20 129 2821
Uponor in brief
Uponor is one of the leading international providers of solutions that move water for buildings and infrastructure. The company is rethinking water for future generations with its safe drinking water delivery systems, energy-efficient radiant heating and cooling systems, and reliable infrastructure solutions. With a commitment to sustainability and a passion for innovation, Uponor is developing new technologies and systems that enrich people’s lives. We help our customers in residential and commercial construction, municipalities and utilities, as well as different industries to work faster and smarter. Uponor employs about 3,900 professionals in 26 countries in Europe and North America and Uponor’s products are sold in more than 80 countries. In 2021, Uponor's net sales totalled approximately €1.3 billion. Uponor Corporation is based in Finland and listed on Nasdaq Helsinki. www.uponorgroup.com