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Fortescue targeted by Russian hacker group

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Fortescue Metals has found itself the target of a cyber-attack, which Russian hacker group C10p claimed to be behind.

The ransomware group stole data from Fortescue’s networks, which it threatened to leak in order to bring the miner to the negotiating table.

C10p has made it clear in the past that the attacks are solely financially motivated.

But Fortescue was far from shaken. The company described the attack as a low-impact cyber incident.

“The information disclosed was not confidential in nature, resulting in the disclosure of a small portion of data from our networks,” Fortescue said.

“We notified the Australian Cyber Security Centre of the incident, and our internal investigation and remediation actions are now complete.”

Fortescue has made headlines this week after executive chairman and major shareholder Andrew Forrest separated from his wife, Nicola Forrest.

The Forrests represent Fortescue’s largest shareholder, owning an almost 37 per cent stake in the company primarily through their private investment company Tattarang.

But the Forrests’ have assured that the development will not impact their mutual business interests.

“There is no influence on the operations, control or direction of Fortescue, Minderoo or Tattarang,” they said in a statement.

“We will continue our shared mission to create and give our wealth to tackle societal and global challenges, as demonstrated recently by last month’s donation of one-fifth of our Fortescue shareholding to the Minderoo Foundation.”

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