Norsk Hydro Hack Might Cut Into Aluminum Supply Chains — Panjiva


Norsk Hydro Hack Might Cut Into Aluminum Supply Chains

European Union 406 Materials - Metals/Mining 482 Metals - Aluminum 159 Qatar 12 Theme - Disasters 60 U.S. 3297

Aluminum producer Norsk Hydro has seen disruption to its production due to a ransomware cyber intrusion. The LockerGoga virus, which had targeted Altran Technologies earlier in 2019, is a reminder of cyber-security risks for supply chains flagged in Panjiva’s 2019 Outlook. Ransomware attacks had previously had a significantly detrimental impact on Maersk and Fedex in 2017. Norsk Hydro’s supply chain has seen a marked increase in U.S. seaborne imports in 2018, with a 34.2% year over year growth, that has continued into 2019 despite U.S. tariffs. The company sourced 57.4% of its U.S....

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