Sibanye-Stillwater Mining Company Hit By Cyberattack

Sibanye-Stillwater Cyberattack: Sibanye-Stillwater’s global IT systems, a JSE-listed multinational mining and metals processing group, have been hit by a cyber attack.

The company currently mines platinum and gold in South Africa and also operates a palladium mine in Montana, US.

Sibanye-Stillwater Cyberattack

The metals producer said it was able to protect its data by “proactively isolating” the IT system and an investigation into the hack was on.

Sibanye-Stillwater Cyberattack
Stock image

While the investigation into the incident is ongoing, there has been limited disruption to the group’s core mining and processing operations. 

The company added that it is taking this incident seriously and is committed to addressing the cyberattack.

The cyberattack brought down the company’s servers, causing disruptions to certain areas of its global operations. 

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On Wednesday, Mine officials from its Montana operations told local media that the smelter operations in Columbus, Ohio were impacted after its automated systems all went down.

No Known Cause Behind Sibanye-Stillwater Cyberattack

The company said, “Our efforts remain focused on working towards the full remediation of the effects of this attack. We are voluntarily reporting this incident to the appropriate regulators and will provide further updates as necessary.” 

James Wellsted, a company spokesperson, also told Reuters that the company’s global IT infrastructure had been impacted since Monday morning. He further highlighted some things were working and some were not.

The company is still not aware who was behind the attack and there have not been any demands for payment, Wellsted said.

Abdullahi Kafayat
Abdullahi Kafayat

Abdullahi Kafayat is an enthusiastic writer interested in the tech world. She's a graduate of Obafemi Awolowo University and has a BSc in Chemistry. You can reach her at Kafayatabdullahi17@gmail.com.

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