UFP Technologies, an American maker of medical devices, has revealed that its data and IT systems have been exposed due to a cybersecurity breach.
A publicly listed medical engineering and manufacturing business, UFP Technologies creates a wide range of tools and parts for orthopedic applications, wound care, surgery, implants, and medical wearables. According to latest data, the company has 4,300 employees, generates $600 million in revenue annually, and has a $1.86 billion market capitalization.
UFP Technologies revealed that it found suspicious activity on its IT systems on February 14 in a document filed with the U.S. Securities and Exchange Commission (SEC) yesterday.
The company hired outside cybersecurity advisers to assist with the investigation and promptly implemented isolation and remediation steps read more about Medical device maker UFP Technologies warns of data stolen in cyberattack.
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