Smiths Group, a major U.K. engineering company, has announced that hackers gained unauthorized access to its systems in a recent cybersecurity incident. The firm, which operates in sectors like energy, security, aerospace, and defense, shared the news in a filing with the London Stock Exchange on Tuesday.

The company is actively managing the situation, having isolated the affected systems and activated its business continuity plans. While no specific details about the nature of the breach have been disclosed, experts suggest the incident could involve ransomware or other disruptive tactics. Smiths is collaborating with cybersecurity professionals to recover compromised systems and assess the broader impact on its operations.

With over 15,000 employees across 50 countries, Smiths has not yet revealed when the attack occurred or whether any sensitive data was stolen. A spokesperson declined to comment further, stating that updates will be shared when appropriate. This incident joins a growing list of cybersecurity challenges faced by major corporations worldwide. Stay tuned for more updates as the situation develops.