#CyberFLASH: Canada’s Goldcorp says computer network hacked


Canada’s Goldcorp Inc on Thursday said its computer network had been compromised and the gold mining company was working to determine the scope and impact of the data breach.

Vancouver-based Goldcorp’s internal security team and independent technology security firms are gathering facts and informing affected employees, but Chief Executive David Garofalo said he was not overly worried.

“The extent of the data breach is not of significant concern for us because we’re a public company and anything of a material nature has to be in the public domain by law anyways. So we really don’t have any material undisclosed information,” Garofalo said in an interview.

Day-to-day operations are unaffected by the hack, he added. Security teams are working on an action plan that includes preventative modifications to computer processes and increased network security at the world’s third-biggest gold producer by market value.

Garofalo would not say what material had been mined or whether hackers had been in contact with the company.

“I don’t think it’s personal. I think there’s a criminal element out there, unfortunately, that is making a living doing this – where they hack into computer systems globally in order to try to extort money,” he said.

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