Boeing Under Siege, Reportedly Addresses Data Leak Threat From Russian Cyber Gang

Boeing Co. BA has found itself at the epicenter of a potential cybersecurity calamity, as the company divulged that it is conducting a thorough investigation into a severe digital threat.

A cyber gang with established Russian affiliations demanded a ransom from the company, threatening to unleash a trove of sensitive data unless the group's demands are met by Nov. 2, according to a Bloomberg news report.

Lockbit, the infamous cybercriminal group behind the threat, even set up a countdown timer on its hidden dark web page, the report noted. 

In an emailed response to Bloomberg, Boeing acknowledged the situation, saying, "We are assessing this claim."

Lockbit is well known for its prolific ransomware attacks that encrypt victims' files, only offering a key to freedom in exchange for payment. 

This situation with Boeing represents a dire risk, with potential implications not just for the aerospace giant but also for associated entities like Lockheed Martin Corp. LMT and Northrop Grumman Corp. NOC, which could face indirect consequences from the ongoing turmoil.

Boeing's 737 MAX Troubles Ends?

Amidst the digital confrontation, Boeing is navigating other troubled waters. 

The company recommenced deliveries of its revamped 737 MAX aircraft, following a pause necessitated by the discovery of a defect linked to a supplier in August, as reported by Reuters. The problem, originating from misshaped and inaccurately drilled holes in certain aft pressure bulkheads supplied by Spirit Aerosystems Holdings, Inc. has since been addressed. 

The first of the corrected planes was discreetly delivered to an undisclosed airline, with the Federal Aviation Administration reportedly maintaining stringent oversight and certifying the airworthiness of each 737 MAX prior to delivery.

Read Next: Boeing Struggles To Meet Production, FCF Growth Targets: Analysts Look Closer At Q3 Results

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