Sibanye-Stillwater Details

    Organization Logo

    Sibanye-Stillwater

    Johannesburg, South Africa • 84775 employees • Chemicals and Materials

    https://www.sibanyestillwater.com/
    South Africa

    Industry

    Chemicals and Materials

    Security Incidents

    1

    Sibanye-Stillwater is a multinational precious metals mining company headquartered in South Africa. The company was founded in 2013 as Sibanye Gold Limited, spun off from Gold Fields Limited, but it has since expanded its operations beyond gold to include significant platinum group metals (PGMs) and other mineral resources. Its primary purpose is the extraction and production of gold and PGMs, which include platinum, palladium, and rhodium, among others.

    A significant milestone in Sibanye-Stillwater's history was its acquisition of Stillwater Mining Company in 2017, making it one of the world...
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    Security Incidents

    Sibanye-Stillwater Breach of Jul 2024
    Severity Score
    Significant to High

    Type

    Unknown

    Summary

    On a recent Monday, Sibanye-Stillwater experienced a significant cyberattack that disrupted its global IT systems. Although the attack caused widespread disruptions to its servers, core mining and processing activities were mostly unaffected. In response, the company quickly isolated the compromised systems and enlisted external cybersecurity experts to aid in the investigation and restoration efforts.

    No ransom demands were made, and the attackers remain unidentified. However, the breach impacted 7,258 employees, compromising sensitive personal information including names, Social Security nu...
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    Severity

    Sibanye-Stillwater faced a significant cyberattack that disrupted its global IT infrastructure, though core mining and processing activities largely remained unaffected. The breach compromised sensitive personal information of 7,258 employees, including names, Social Security numbers, financial details, and medical data, causing considerable concern. While no ransom demands were made and the attackers remain unidentified, the incident led the company to bolster its cybersecurity measures, incorporating real-time monitoring and advanced endpoint detection systems.

    Given the sophistication of t...
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    Impact

    Sibanye-Stillwater recently encountered a significant cyberattack that disrupted its global IT infrastructure. While core mining and processing activities remained largely unaffected, the attack did result in widespread server disruptions. To contain the threat, the company isolated compromised systems and brought in external cybersecurity experts for investigation and restoration.

    The breach compromised sensitive personal information of 7,258 employees, including names, Social Security numbers, financial details, and medical data. Fortunately, no ransom demands were made, and the attackers h...
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