Boeing's Jeppesen Unit Sees Potential Ransomware Attack, Causes Flight Planning Disruptions

Author: Vandana Singh | November 04, 2022 08:10am

• Boeing Co's (NYSE:BA) unit Jeppesen was impacted by a cyber incident affecting access to its flight planning software.
• Jeppesen, a U.S.-based firm, provides analytical services to air carriers.
• "Our subsidiary, Jeppesen, experienced a cyber incident affecting certain flight planning products and services," Boeing spokesman Yukui Wang said in an email. 
• "There have been some flight planning disruptions, but at this time, we have no reason to believe that this incident poses a threat to aircraft or flight safety."
• Related: Boeing Forecasts Upto $5B Free Cash Flow In 2023, $10B By Mid Decade, Shares Pop.
• A red banner at the top of Jeppesen's website said the company was experiencing technical issues with some of its products, services, and communication channels.
• Jeppesen said that the receipt and processing of notices to air missions, which inform pilots and airlines about potential hazards during flights, have also been affected. 
• "We are in communication with customers and regulatory authorities and working to restore full service as soon as possible," Boeing's Wang said. 
• Price Action: BA shares are up 0.75% at $157.93 during the premarket session on the last check Friday.

Posted In: BA CYBR HACK IHAK