Racal Acoustics Ltd (INVISIO’s UK subsidiary) - recent Cyber Incident

Racal’s response (with INVISIO’s full support) to this attack has been robust, with it (i) engaging market leading third-party cyber security experts to assist its IT team in comprehensively addressing this matter, ensuring that the criminal group has no means of re-accessing its systems (which has been achieved) and further strengthening IT security; and (ii) engaging with law enforcement and relevant regulatory bodies in respect of the incident.

Racal is also conducting a detailed investigation (assisted by external cyber security experts) to determine the scope of the incident and the information that may have been impacted. Based upon its investigations to date, the information in question is not considered to be of a sensitive nature that is likely to result in significant prejudice. Nonetheless, Racal is treating this matter with the utmost seriousness, taking measures to ensure that any potential risk is mitigated to the fullest extent possible.

As with any ransomware attack, the criminal outfit is seeking a ransom payment in exchange for not releasing the misappropriated information. The criminals are also attempting to raise as much negative publicity as possible in furtherance of their efforts to extort funds. Racal does not intend to make any payment to the criminal group. This is because the INVISIO Group does not want to perpetuate criminal activity of this kind. This approach is both in keeping with the recommendations of the National Cyber Security Centre but also the ethics of the entire INVISO Group. Accordingly, Racal will continue to focus its attention on addressing and moving past this incident.