Toyota Motor Corporation announced the suspension of all 14 of its domestic production plants on Tuesday, due to an unexpected computer system failure. The suspension of operations at the company’s 28 production lines will affect about 13,000 units of planned production.
The Japanese automotive manufacturer said that the system failure prevented parts from being ordered and continued to investigate the causes of the incident. A representative said that while there is no indication that it was a cyberattack, the disruption was acutely similar to the cyberattack at one of its suppliers which resulted in a mandatory shut-down of operations in March.
The company has yet to estimate the cost of these disruptions, however the mid-session stock exchange saw a 0.38 percent decrease following the news. Though no malicious activity was reported during this period, the incident highlights the importance of adequate system security to ensure that private information remains private.
Toyota has outlined a plan to resume full production on Wednesday, with two more plants scheduled to come onto the line as the day progresses. The company is also conducting a full investigation to determine the cause of the failure and implement stronger security systems to ensure that incidents like this do not occur in the future.
With information from ap, efe
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