TECO Electric & Machinery and Taiwan Pelican Express Hit by Cyber Incidents; Two TECO Group Companies Issue Material Filings on Same Day

According to iThome, two listed companies in Taiwan disclosed cybersecurity incidents on July 8: major electrical equipment manufacturer TECO Electric & Machinery first issued a material cybersecurity announcement on MOPS, followed the same day by its logistics subsidiary Taiwan Pelican Express ^[1]. Additionally, TPEx-listed Acter Group Corporation Limited issued a material cybersecurity filing that same day on behalf of its subsidiary Sheng Huei Integration regarding a hacker attack ^[1]. Regarding the TECO Group incident, TECO Electric & Machinery issued its material announcement at 15:18 on July 8 stating that the company had experienced a network security incident ^[1].

Industries mainly affected: Transportation & logistics

Regarding the TECO Group incident, TECO Electric & Machinery issued a material announcement at 15:18 on July 8 stating that the company had experienced a network security incident ^[1].