$55 million stolen by Hackers from Aircraft Company!

Hackers hacked systems of FACC's (Aerospace Parts Manufacturer company) financial accounting department and steal $55 million from its money boxes. This company is one from the biggest suppliers of US Aircraft company Boeing.Chinese Aviation Corporation is the largest shareholder of this aircraft company. Company is saying that their sensitive data and all the intellectual property is safe. Only cash has been stolen by the Hackers.If this theft of $55 million is accurate then it is a notable attack. According to Ponemon study of last year, every data breach brings an average loss of $3.9 million for affected company.

Boeing is a client of an Austrian based comapny and this company gave a statement by publishing a post on their website,” It seems like hackers did not steal any intellectual data and all the operations of company are safe and did not touched by the Hackers.”

FACC gave a clearification about this incident on January 19 of this year. The financial department of FACC was the target of Hakcers in this case, told by investigation team. Investigation Team said all the IT infrastructure, information, IP rights and business operations of company are safe because the hackers did not touch them. The company is facing the loss of $55 million for which hackers attacked on the company.

Management team of FACC is evaluating the total damage due to this attack. Management team said that this attack will not effect the production of company. Last year Ryanair Airline's budget database was hacked by hackers. This airline is the part of FACC. In that hack total damage was of $5 million. All the money was transffered to a Chinese Bank.