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CRIME

Danish wind power giant targeted in cyber attack

Wind turbine maker Vestas said it is still trying to clarify the consequences of a cyber attack which targeted the company late last week.

Danish wind turbine maker Vestas is counting the cost of a recent cyber attack.
Danish wind turbine maker Vestas is counting the cost of a recent cyber attack. File photo: Henning Bagger/Ritzau Scanpix

Investigations so far suggest that “data has been compromised”, Vestas said in a notice to the stock exchange.

“Initial results of the company’s investigations indicate that the incident has affected parts of Vestas’ internal IT infrastructure and that data has been compromised,” the company wrote.

“Work and investigation into the situation is ongoing,” it added.

No evidence has so far been found of a cyber security attack of a nature which could threaten Vestas’ customers or supply chains, it also noted.

The company showed a 1.9 percent loss of value on the Danish stock exchange C25 as of 10:20am on Monday.

Previous cyber attacks have proved costly for Danish companies, with Demant losing half a billion kroner and Maersk suffering a loss of almost two billion kroner.

Vestas currently has almost 30,000 people in various parts of the world on its payroll, including a large number in Denmark. The company’s turnover in 2020 was 14.8 billion euros.

READ ALSO: World’s highest wind turbine to be built in Denmark

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MONEY

Denmark police receive 456 reports of fraud from the corona relief fund

The National Unit for Special Crime has received 456 reports of fraud from the corona relief packages since 1st April 2020, according to a press release from the Money Laundering Secretariat (Hvidvasksekretariatet).

Denmark police receive 456 reports of fraud from the corona relief fund

The frauds and attempted frauds amount to 212 million kroner, although some of the scams were discovered before the fraudsters got the money. More than 28 million kroner has been recovered through 102 recovery operations.

According to Jørgen Andersen, deputy police inspector and head of the Money Laundering Secretariat, the task has been taken “very seriously” in the secretariat since the introduction of corona relief packages.

“And it has had a high priority with us as authorities. But also with the notifiers – here primarily banks and the accountants – and we sat down together quite quickly in a community.

“Here, we organised the effort in such a way that when banks and auditors sent notifications to us where there was a suspicion of misuse of schemes, we typically sent them within 24 hours to the authorities who paid money on these schemes”, Andersen says.

Companies or individuals should contact the Money Laundering Secretariat (Hvidvasksekretariatet) if they suspect money laundering or terrorist financing.

In October 2020, an eight-billion kroner stimulus package was agreed in parliament to help Danish businesses and cultural institutions hit by the coronavirus crisis.

The financial package also included a liquidity fund totalling 28 million kroner. 

READ ALSO: Denmark announces new coronavirus relief for businesses and culture

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