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Bombardier Inc
Symbol BBD
Shares Issued 2,128,092,942
Close 2021-02-23 C$ 0.56
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Bombardier licks its wounds after cyberattack

2021-02-23 13:54 ET - News Release

An anonymous director reports

BOMBARDIER STATEMENT ON CYBERSECURITY BREACH

Bombardier Inc. has suffered a limited cybersecurity breach. An initial investigation revealed that an unauthorized party accessed and extracted data by exploiting a vulnerability affecting a third party file transfer application, which was running on purpose-built servers isolated from the main Bombardier IT (information technology) network.

In accordance with established cybersecurity procedures and policies, Bombardier promptly initiated its response protocol upon detection of the data security incident. As part of its investigation, Bombardier sought the services of cybersecurity and forensic professionals who provided external confirmation that the company's security controls were effective in limiting the scope and extent of the incident. Bombardier also notified appropriate authorities, including law enforcement, where required and will continue to work with the authorities as the investigation continues.

Forensic analysis revealed that personal and other confidential information relating to employees, customers and suppliers was compromised. Approximately 130 employees located in Costa Rica were impacted. Bombardier has been pro-actively contacting customers and other external stakeholders whose data were potentially compromised. The continuing investigation indicates that the unauthorized access was limited solely to data stored on the specific servers. Manufacturing and customer support operations have not been impacted or interrupted. Bombardier can also confirm that the company was not specifically targeted -- the vulnerability impacted multiple organizations using the application. Bombardier will continue to assess the situation and stay in close contact with its clients, suppliers and employees, as well as other stakeholders.

With the ever-increasing number and sophistication of cybersecurity attacks on corporate groups, Bombardier remains committed to maintaining the integrity of its IT infrastructure and safeguarding employee, client and supplier information.

About Bombardier Inc.

Bombardier is a global leader in aviation, creating innovative and game-changing planes. The company's products and services provide world-class experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montreal, Canada, Bombardier is present in more than 12 countries, including its production/engineering sites and its customer support network. The corporation supports a worldwide fleet of approximately 4,900 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

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