The Chicago Entrepreneur

Parker-Hannifin says a third party hacked its systems on March 14 and may have accessed personal information on workers

Parker Hannifin Corp. said Tuesday a third party breached its systems on March 14, and may have accessed data and personal information of its own employees. In a regulatory filing, the maker of technology for the aerospace and industrial sectors said it is working with law enforcement and cybersecurity experts to determine the extent of the breach. “Based on its preliminary assessment and on the information currently known, the incident has not had a significant financial or operational impact and the Company does not believe the incident will have a material impact on its business, operations or financial results,” the company said in the filing. Its business systems are fully operational, it added. Shares were not active premarket but have fallen 12% in the last 12 months, while the S&P 500 has gained 14%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Previous post Kinross Gold to sell off 100% of its Russian assets to Highland Gold Mining
Next post Coronavirus tally: CDC plans to revamp after criticism for its handling of pandemic as U.S. approaches 1 million official deaths