• BlueScope, an Australia-listed company, has recently been hit by a cyber incident.
  • BlueScope’s North Star, New Zealand, and Asian regions are operating unaffected with negligible disruptions.
  • The incident has managed to affect the company’s Australian operations.

On Friday, May 15, 2020, BlueScope, an Australian-listed company, reported about being a victim of a cyberattack.

As per the statement to the Australian Securities Exchange (ASX), the company broke the news to its shareholders and cleared the air by stating that the IT system has been affected by a cyber incident, resulting in disruptions to certain parts of the business operation.

As per Tania Archibald, Chief Financial Officer with BlueScope, the incident was first detected at their US businesses. She added that BlueScope has been proactive and prompt in responding to the incident.

More about the incident

The company said that the manufacturing and sales and operations divisions of its Australian business were hit by the incident that resulted in a pause for a few processes.

The company updated by stating that other processes such as steel despatches were untouched and remained operational as usual with the help of a few manual processes.

The solution

For the areas that have been attacked by the cyber incident, BlueScope plans to get back to manual operations to remediate at the earliest, to be able to resume normal operations at the earliest.

Asian, North Star, and New Zealand businesses of the company are operating as normal.

CFO Archibald said that the matter was taken very seriously, and experts are working with full force to protect and restore the company’s systems with the help of external support. She quotes, “Our focus remains on being able to service our customers and to maintain safe and reliable operations.”