Executives at West Pharmaceutical Services revealed details of a recent cybersecurity breach during a fireside chat at the Bank of America Global Healthcare Conference. The company issued an 8-K filing the previous evening after detecting an intruder in its systems. Officials described shutting down global operations to assess the situation.
Eric Green, the company's president and chief executive, and Robert McMahon, its chief financial officer, addressed the matter on May 12. Green explained that the intrusion was noticed early last week, prompting an immediate shutdown of all systems worldwide to investigate the scope of the issue. On May 7, the team identified the intruder and confirmed access to portions of the company's data and infrastructure, according to statements made at the event.
