Back Morningstar Medtronic Says Some IT Systems Accessed in Cyber Breach
Medtronic has been hit with a cyberattack that resulted in unauthorized access to some of the medical-technology company's information-technology systems.
Medtronic said it doesn't currently expect the breach to have a material impact on its business or financial results, adding that it hasn't identified any impact to its products, patient safety, manufacturing and distribution operations, financial reporting systems, or ability to meet patient needs.
The Galway, Ireland-based company said the networks that support its corporate IT systems, its products and its manufacturing and distribution operations are separate, and that hospital customer networks are separate from Medtronic IT networks and are secured and managed by customers' IT teams.
The Medtronic breach comes amid elevated levels of cyberattacks activity worldwide.
Organizations face an average nearly 2,000 cyberattacks a week, according to a recent report from cyber-threat intelligence provider Check Point Research, which said the data reflect sustained adversary pressure, driven by automation, broad attack surface expansion, and persistent exposure risks tied to cloud adoption and generative artificial-intelligence usage.
Hasbro earlier this month said a cyberattack had prompted the toy maker to take some systems offline.
Medical-device maker Stryker in March was hit a major cyberattack that disabled the cellphones and laptops of thousands of employees, with the hackers behind the assault saying they were retaliating on behalf of Iran.
Medtronic said it promptly took steps to contain the incident upon identifying the unauthorized access and that it has brought in external cybersecurity experts to support its investigation and remediation efforts.
The company said it is working to identify any personal information that may have been accessed, and that it will provide notifications and support services as needed.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 27, 2026 06:55 ET (10:55 GMT)
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
The full story
This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.
