IMI plc Reports Cybersecurity Breach Amid Rising Attacks on UK Engineering Firms

IMI plc, a prominent British engineering firm, announced it is addressing a cybersecurity incident involving unauthorized access to its systems. Upon detection, the company promptly enlisted external cybersecurity specialists to investigate and mitigate the breach. While specific details about the nature and extent of the intrusion have not been disclosed, IMI is taking necessary steps to comply with regulatory obligations. This incident follows a similar cyberattack reported by rival engineering company Smiths Group on January 28, 2025. Analysts note that the impact on IMI appears to be limited, comparable to the less disruptive incidents experienced by other firms in the sector. The company has isolated certain systems to manage the situation and is working diligently to restore full operational integrity. IMI’s share price experienced a slight decline following the announcement, reflecting investor concerns over the potential implications of the breach.