Westport Fuel Systems Reports Cybersecurity Breach, Delays Financial Results
Alternative fuel technology company Westport Fuel Systems disclosed a cybersecurity incident that has prompted delays to its quarterly financial reporting.
Westport Fuel Systems, a Vancouver-based alternative fuel technology company, announced it has experienced a cybersecurity breach that is affecting its operations and financial reporting timeline.
The company disclosed the security incident in a regulatory filing, stating that the breach has impacted its ability to prepare and release quarterly financial results on schedule. Westport specializes in natural gas and hydrogen fuel systems for transportation applications.
As a result of the cybersecurity incident, the company has delayed the publication of its financial results while it assesses the extent of the breach and works to restore affected systems. The company has not provided specific details about the nature of the attack or what data may have been compromised.
Westport indicated it is working with cybersecurity experts and law enforcement authorities as part of its response to the incident. The company serves customers in the commercial transportation, industrial, and power generation sectors globally.
The delay in financial reporting comes as cybersecurity incidents continue to affect businesses across various industries, often disrupting normal operations and requiring significant resources to address.