Toyota recovers from cyberattack on its financial services division

by MMC
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Toyota is bringing some services in its European and African financial services department online after discovering a cyberattack.

A spokesperson for the automaker directed Recorded Future News to a statement released by the company on the incident following claims made by a notorious ransomware gang.

“Toyota Financial Services Europe & Africa recently identified unauthorized activity on the systems of a limited number of its sites. We have taken some systems offline to investigate this activity and reduce risk, and have also begun working with law enforcement. In most countries, we have started to bring our systems back online,” the company said. said.

“We are working diligently to bring systems back online as quickly as possible and regret any inconvenience caused to our customers and business partners. For now, this incident is limited to Toyota Financial Services Europe and Africa.

Kevin Beaumont, cybersecurity expert note that Toyota systems accessible via the Internet are vulnerable to the “Citrix Bleed” vulnerability which has affected dozens of large companies and governments since it was announced late last month.

The automaker has faced several cybersecurity incidents over the past three years, including a large-scale incident announced in May where information on more than 2 million vehicles in Japan was exposed for more than a decade.

Toyota took care of another breach in April and I had to resolve a separate security issue which allowed widespread access to a platform used by employees to coordinate operations.

The company’s statement came hours after the Medusa ransomware gang. claims for stealing data from Toyota Financial Services. The group gave the company 10 days to pay an $8 million ransom.

Jellyfish made headlines earlier this week for an attack on a technology company created by two of Canada’s largest banks.

The Medusa gang has been behind several high-profile attacks in 2023, including incidents that affected an Italian company that provides drinking water to nearly half a million people, one of the largest school districts in Minnesota, the French town of SartrouvilleTongan public enterprise telecommunications company and more recently the government agency which manages the Philippines’ universal healthcare system.

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Jonathan Greig

Jonathan Greig

Jonathan Greig is a breaking news reporter at Recorded Future News. Jonathan has worked as a journalist around the world since 2014. Before returning to New York, he worked for media outlets in South Africa, Jordan and Cambodia. He previously covered cybersecurity at ZDNet and TechRepublic.

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