The victim, a major conglomerate in Germany with activities spanning steel production to marine systems, reportedly became the target of a cyber intrusion.
According to sources, earlier this year, technical trade secrets from the conglomerate's steel production and plant design divisions were compromised. Internal security measures identified the breach in April, linking it back to incidents from February. The attack corresponds to activities associated with unidentified attackers, their Tactics, Techniques and Procedures however linking them to what is analyzed as southeast Asia.
Post-discovery, it was confirmed that the marine systems unit, a segment crucial for military submarine and warship production, remained untouched. The true extent of intellectual property loss is still undetermined.