By Colin Kellaher
Medtronic has been hit with a cyberattack that resulted in unauthorized access to some of the medical-technology company's information-technology systems.
Medtronic said it doesn't currently expect the breach to have a material impact on its business or financial results, adding that it hasn't identified any impact to its products, patient safety, manufacturing and distribution operations, financial reporting systems, or ability to meet patient needs.
The Galway, Ireland-based company said the networks that support its corporate IT systems, its products and its manufacturing and distribution operations are separate, and that hospital customer networks are separate from Medtronic IT networks and are secured and managed by customers' IT teams.
The Medtronic breach comes amid elevated levels of cyberattacks activity worldwide.
Organizations face an average nearly 2,000 cyberattacks a week, according to a recent report from cyber-threat intelligence provider Check Point Research, which said the data reflect sustained adversary pressure, driven by automation, broad attack surface expansion, and persistent exposure risks tied to cloud adoption and generative artificial-intelligence usage.
Hasbro earlier this month said a cyberattack had prompted the toy maker to take some systems offline.
Medical-device maker Stryker in March was hit a major cyberattack that disabled the cellphones and laptops of thousands of employees, with the hackers behind the assault saying they were retaliating on behalf of Iran.
Medtronic said it promptly took steps to contain the incident upon identifying the unauthorized access and that it has brought in external cybersecurity experts to support its investigation and remediation efforts.
The company said it is working to identify any personal information that may have been accessed, and that it will provide notifications and support services as needed.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
04-27-26 0655ET
