U.S. realty belief big Brandywine Realty Belief has confirmed a cyberattack that resulted within the theft of information from its community.
In a submitting with regulators on Tuesday, the Philadelphia-based Brandywine described the cybersecurity incident as unauthorized entry and the “deployment of encryption” on its inside company IT methods, per a ransomware assault.
Brandywine stated the cyberattack brought about disruption to the corporate’s enterprise purposes that assist its operations and company capabilities, together with its monetary reporting methods.
The corporate stated it shut down a few of its methods and believes it has contained the exercise. The corporate confirmed that hackers took information from its methods, but it surely was nonetheless investigating whether or not any delicate or private data was taken.
Brandywine is among the largest actual property trusts (REIT) in the USA, with a portfolio of about 70 properties throughout Austin, Philadelphia, and Washington DC as of its final earnings report in April.
A number of the firm’s greatest tenants reportedly embrace IBM, Spark Therapeutics, and Comcast.
For the reason that introduction of recent guidelines in December, U.S. publicly traded firms are obliged to speak in confidence to buyers cybersecurity occasions that will have a fabric affect on the enterprise. As of the submitting, Brandywine stated it doesn’t imagine the incident is “fairly prone to materially affect” its operations.
