Malware: Production and industrial SMEs, Switzerland 2022
In April 2022, internal monitoring services found that the IT network of the manufacturer of conveyor and sorting technology had been attacked by malware.
- Incident · 04.2022 · Hinwil ZH, Switzerland
- Evidence: confirmed by an authority
- Malware
As of
What happened
Key business activities, including services for customers, were impaired. Three days after the announcement, it was still unclear when the systems could be restarted.
- Affected
- Ferag AG
- Industry
- Production and industrial SMEs
- Loss
- no reliable figure
- Business interruption
- unknown
- Ransom demanded / paid
- unknown / unknown
- Data affected
- unknown
- Bankruptcy
- no
- Entry point
- not stated in the sources
What would cyber insurance have paid?
That depends on the terms. Whether those affected were insured: unknown.
-
Loss of income after an attack
Business interruption, only after the waiting period
Mostly covered 7 of 9 business products cover it fully, as an add-on or with limits.
-
Costs of getting data, software and systems running again
Mostly covered 6 of 9 business products cover it fully, as an add-on or with limits.
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Immediate help in an emergency
Hotline, IT forensics, crisis PR and legal advice
Mostly covered 7 of 9 business products cover it fully, as an add-on or with limits.
Overview based on public policy terms, as of 06.11.2026. Only your policy and its general terms and conditions (GTC) are binding. No confirmation of cover.
What we can learn
Early detection in the network is valuable, but does not always prevent an interruption of several days.
Sources
- Logistik-IT: Cyber-Attacke auf Intralogistik-Spezialisten Ferag (opens in a new window) Logistik Heute · 28.04.2022