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Itron Discloses Intrusion Into Internal Systems, Says Operations Unaffected

Investigators are probing for broader risk given its ties to critical energy and water networks.

Overview

  • Itron, which detected unauthorized access on April 13, activated its response plan, hired outside experts, and notified law enforcement.
  • The company says it removed and blocked the activity and has seen no further unauthorized access in its corporate network.
  • Itron reports no unauthorized activity in customer-hosted environments, which are systems it runs for utilities.
  • Operations have continued without material disruption, and the firm expects insurance to cover much of the incident response cost.
  • The disclosure came in an SEC Form 8-K, the investigation remains open, and no ransomware or extortion group has claimed responsibility.