Company Details
parker-electromechanical-drive-technology
1
10,759
None
parker.com
0
PAR_1321175
In-progress

Parker Electromechanical and Drive Technology Company CyberSecurity Posture
parker.comElectronic motion and control technology includes a wide range of Parker industrial and mobile products and systems designed for easy configuration. Custom solutions range from vehicle electrification to precision motion control systems for manufacturing operations. Industries served include food and beverage, packaging, life sciences, printing and converting, construction machinery, photonics, in-plant automotive, on-vehicle automotive, material handling, electronics manufacturing, aerospace, robotics, industrial machinery, metrology, and many more. Components are available separately or as a complete motion system to make integration simple, fast, and easy. Product manufactured include top brand names like CTC USA, Acroloop, Daedal, Origa, Bayside Motion Group, Trilogy Motion Systems, SSD Drives, Vansco, and IQAN.
Company Details
parker-electromechanical-drive-technology
1
10,759
None
parker.com
0
PAR_1321175
In-progress
Between 750 and 799

PEDT Global Score (TPRM)XXXX

Description: The California Office of the Attorney General reported that Parker-Hannifin Corporation experienced a data breach caused by unauthorized access to its IT systems between March 11, 2022, and March 14, 2022. The breach potentially exposed personal information of current and former employees, including Social Security numbers and financial account information. The breach was reported on May 12, 2022.
Description: Parker Hannifin Corp. suffered a third-party data breach on its systems that compromised the personal information of its own employees. The company along with law enforcement and cybersecurity experts investigated the extent of the incident. The attack only compromised the employee data and had no significant financial or operational impact.
Description: Parker Hannifin, a US-based global leader in motion and control technologies (e.g., aerospace, industrial manufacturing, and critical infrastructure), was targeted by the **Conti ransomware gang** in a high-profile attack. The incident disrupted operations, encrypted critical systems, and led to significant financial and operational losses. Conti, known for its double-extortion tactics, not only encrypted Parker’s data but also exfiltrated sensitive information, threatening to leak it unless a ransom was paid. The attack aligns with Conti’s broader campaign against **critical national infrastructure (CNI)**, causing cumulative losses exceeding **$150 million** across its 1,000+ global victims.The breach forced Parker to initiate containment measures, including system isolations and forensic investigations, while facing potential reputational damage and supply chain disruptions. Conti’s targeting of CNI—such as manufacturing giants like Parker—highlights the group’s capability to threaten **organizational existence** by crippling core operations, stealing proprietary data (e.g., patents, trade secrets), and demanding ransoms under coercion. The US Department of Justice later linked Conti to **national security risks**, given its repeated attacks on sectors vital to economic and public safety. Parker’s case exemplifies the escalating stakes of ransomware, where cybercriminal syndicates like Conti weaponize encryption and data theft to extort victims while destabilizing industries.


No incidents recorded for Parker Electromechanical and Drive Technology in 2025.
No incidents recorded for Parker Electromechanical and Drive Technology in 2025.
No incidents recorded for Parker Electromechanical and Drive Technology in 2025.
PEDT cyber incidents detection timeline including parent company and subsidiaries

Electronic motion and control technology includes a wide range of Parker industrial and mobile products and systems designed for easy configuration. Custom solutions range from vehicle electrification to precision motion control systems for manufacturing operations. Industries served include food and beverage, packaging, life sciences, printing and converting, construction machinery, photonics, in-plant automotive, on-vehicle automotive, material handling, electronics manufacturing, aerospace, robotics, industrial machinery, metrology, and many more. Components are available separately or as a complete motion system to make integration simple, fast, and easy. Product manufactured include top brand names like CTC USA, Acroloop, Daedal, Origa, Bayside Motion Group, Trilogy Motion Systems, SSD Drives, Vansco, and IQAN.

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Explore insights on cybersecurity incidents, risk posture, and Rankiteo's assessments.
The official website of Parker Electromechanical and Drive Technology is https://discover.parker.com/em.
According to Rankiteo, Parker Electromechanical and Drive Technology’s AI-generated cybersecurity score is 751, reflecting their Fair security posture.
According to Rankiteo, Parker Electromechanical and Drive Technology currently holds 0 security badges, indicating that no recognized compliance certifications are currently verified for the organization.
According to Rankiteo, Parker Electromechanical and Drive Technology is not certified under SOC 2 Type 1.
According to Rankiteo, Parker Electromechanical and Drive Technology does not hold a SOC 2 Type 2 certification.
According to Rankiteo, Parker Electromechanical and Drive Technology is not listed as GDPR compliant.
According to Rankiteo, Parker Electromechanical and Drive Technology does not currently maintain PCI DSS compliance.
According to Rankiteo, Parker Electromechanical and Drive Technology is not compliant with HIPAA regulations.
According to Rankiteo,Parker Electromechanical and Drive Technology is not certified under ISO 27001, indicating the absence of a formally recognized information security management framework.
Parker Electromechanical and Drive Technology operates primarily in the Mechanical Or Industrial Engineering industry.
Parker Electromechanical and Drive Technology employs approximately 1 people worldwide.
Parker Electromechanical and Drive Technology presently has no subsidiaries across any sectors.
Parker Electromechanical and Drive Technology’s official LinkedIn profile has approximately 10,759 followers.
Parker Electromechanical and Drive Technology is classified under the NAICS code None, which corresponds to Others.
No, Parker Electromechanical and Drive Technology does not have a profile on Crunchbase.
Yes, Parker Electromechanical and Drive Technology maintains an official LinkedIn profile, which is actively utilized for branding and talent engagement, which can be accessed here: https://www.linkedin.com/company/parker-electromechanical-drive-technology.
As of November 28, 2025, Rankiteo reports that Parker Electromechanical and Drive Technology has experienced 3 cybersecurity incidents.
Parker Electromechanical and Drive Technology has an estimated 2,055 peer or competitor companies worldwide.
Incident Types: The types of cybersecurity incidents that have occurred include Ransomware and Breach.
Total Financial Loss: The total financial loss from these incidents is estimated to be $150 million.
Detection and Response: The company detects and responds to cybersecurity incidents through an third party assistance with cybersecurity experts, and and third party assistance with fbi cyber division, third party assistance with irish law enforcement, and and communication strategy with public disclosure by us department of justice and fbi warnings to organizations..
Title: Parker Hannifin Corp. Third-Party Data Breach
Description: Parker Hannifin Corp. suffered a third-party data breach on its systems that compromised the personal information of its own employees. The company along with law enforcement and cybersecurity experts investigated the extent of the incident. The attack only compromised the employee data and had no significant financial or operational impact.
Type: Data Breach
Title: Parker-Hannifin Corporation Data Breach
Description: Unauthorized access to IT systems potentially exposed personal information of current and former employees, including Social Security numbers and financial account information.
Date Publicly Disclosed: 2022-05-12
Type: Data Breach
Attack Vector: Unauthorized Access
Title: Ukrainian Man Extradited and Charged in Conti Ransomware Conspiracy
Description: A Ukrainian man, Oleksii Oleksiyovych Lytvynenko, was extradited from Ireland and charged in the US with conspiracy to deploy Conti ransomware. He allegedly conspired with others to hack into victims’ computers, steal and encrypt their data, and extort ransom payments in cryptocurrency. Conti targeted over 1000 corporate victims globally, including critical national infrastructure (CNI), causing losses of at least $150 million. Lytvynenko is accused of controlling stolen data and managing ransom notes, with his activities spanning from 2020 to July 2022. He was arrested in Ireland in July 2023 and faces charges of computer fraud conspiracy and wire fraud conspiracy, with a potential maximum sentence of 25 years if convicted.
Date Publicly Disclosed: 2023-10-06
Type: ransomware
Attack Vector: phishingexploiting vulnerabilitiesmalware deployment
Threat Actor: Conti Ransomware Group
Motivation: financial gaincybercrime
Common Attack Types: The most common types of attacks the company has faced is Breach.

Data Compromised: Employee personal information

Data Compromised: Social security numbers, Financial account information

Financial Loss: $150 million (estimated total across all Conti victims)
Systems Affected: 1000+ corporate victims globally (including critical national infrastructure)
Operational Impact: Significant disruption to critical national infrastructure and corporate operations
Revenue Loss: $500,000+ (from two victims in the Middle District of Tennessee)
Brand Reputation Impact: High (due to public disclosure of stolen data and association with Conti)
Legal Liabilities: Potential lawsuits and regulatory actions for affected organizations
Identity Theft Risk: High (due to stolen data)
Payment Information Risk: High (ransomware often targets financial data)
Average Financial Loss: The average financial loss per incident is $50.00 million.
Commonly Compromised Data Types: The types of data most commonly compromised in incidents are Personal Information, Social Security Numbers, Financial Account Information, , Corporate Data, Personally Identifiable Information (Pii), Financial Data, Sensitive Business Information and .

Entity Name: Parker Hannifin Corp.
Entity Type: Company
Industry: Manufacturing

Entity Name: Parker Hannifin (US Manufacturing Giant)
Entity Type: Corporation
Industry: Manufacturing
Location: United States
Size: Large

Entity Name: Unnamed Victims in Middle District of Tennessee
Entity Type: Corporation, Organization
Location: Tennessee, United States

Entity Name: 1000+ Global Corporate Victims
Entity Type: Corporation, Government, Critical National Infrastructure
Location: Global (dozens of countries, nearly all US states)

Third Party Assistance: Cybersecurity Experts.

Third Party Assistance: Fbi Cyber Division, Irish Law Enforcement.
Communication Strategy: Public disclosure by US Department of Justice and FBI warnings to organizations
Third-Party Assistance: The company involves third-party assistance in incident response through Cybersecurity Experts, , FBI Cyber Division, Irish Law Enforcement, .

Type of Data Compromised: Personal Information

Type of Data Compromised: Social security numbers, Financial account information

Type of Data Compromised: Corporate data, Personally identifiable information (pii), Financial data, Sensitive business information
Sensitivity of Data: High
Data Encryption: True

Ransom Paid: $500,000+ (in cryptocurrency from two victims in Tennessee)
Ransomware Strain: Conti
Data Encryption: True
Data Exfiltration: True

Legal Actions: Criminal charges against Oleksii Oleksiyovych Lytvynenko (computer fraud conspiracy, wire fraud conspiracy),
Ensuring Regulatory Compliance: The company ensures compliance with regulatory requirements through Criminal charges against Oleksii Oleksiyovych Lytvynenko (computer fraud conspiracy, wire fraud conspiracy), .

Lessons Learned: The Conti ransomware operation highlights the global reach and severe financial/operational impact of ransomware attacks, particularly on critical infrastructure. The case underscores the importance of international law enforcement collaboration (e.g., US-Ireland extradition) in combating cybercrime. Organizations are urged to implement robust cybersecurity measures, including employee training, vulnerability management, and incident response planning, to mitigate ransomware risks. The public doxxing of Conti by a Ukrainian researcher also demonstrates the potential for vigilante actions in response to cybercriminal activities tied to geopolitical conflicts.

Recommendations: Report ransomware intrusions immediately to local FBI field offices or relevant law enforcement agencies., Implement multi-layered defenses, including endpoint detection and response (EDR), network segmentation, and regular backups., Conduct frequent security awareness training to prevent phishing and social engineering attacks., Monitor dark web forums for signs of stolen data or ransomware negotiations., Develop and test incident response plans to ensure rapid containment and recovery., Collaborate with cybersecurity firms and threat intelligence providers to stay ahead of emerging ransomware strains.Report ransomware intrusions immediately to local FBI field offices or relevant law enforcement agencies., Implement multi-layered defenses, including endpoint detection and response (EDR), network segmentation, and regular backups., Conduct frequent security awareness training to prevent phishing and social engineering attacks., Monitor dark web forums for signs of stolen data or ransomware negotiations., Develop and test incident response plans to ensure rapid containment and recovery., Collaborate with cybersecurity firms and threat intelligence providers to stay ahead of emerging ransomware strains.Report ransomware intrusions immediately to local FBI field offices or relevant law enforcement agencies., Implement multi-layered defenses, including endpoint detection and response (EDR), network segmentation, and regular backups., Conduct frequent security awareness training to prevent phishing and social engineering attacks., Monitor dark web forums for signs of stolen data or ransomware negotiations., Develop and test incident response plans to ensure rapid containment and recovery., Collaborate with cybersecurity firms and threat intelligence providers to stay ahead of emerging ransomware strains.Report ransomware intrusions immediately to local FBI field offices or relevant law enforcement agencies., Implement multi-layered defenses, including endpoint detection and response (EDR), network segmentation, and regular backups., Conduct frequent security awareness training to prevent phishing and social engineering attacks., Monitor dark web forums for signs of stolen data or ransomware negotiations., Develop and test incident response plans to ensure rapid containment and recovery., Collaborate with cybersecurity firms and threat intelligence providers to stay ahead of emerging ransomware strains.Report ransomware intrusions immediately to local FBI field offices or relevant law enforcement agencies., Implement multi-layered defenses, including endpoint detection and response (EDR), network segmentation, and regular backups., Conduct frequent security awareness training to prevent phishing and social engineering attacks., Monitor dark web forums for signs of stolen data or ransomware negotiations., Develop and test incident response plans to ensure rapid containment and recovery., Collaborate with cybersecurity firms and threat intelligence providers to stay ahead of emerging ransomware strains.Report ransomware intrusions immediately to local FBI field offices or relevant law enforcement agencies., Implement multi-layered defenses, including endpoint detection and response (EDR), network segmentation, and regular backups., Conduct frequent security awareness training to prevent phishing and social engineering attacks., Monitor dark web forums for signs of stolen data or ransomware negotiations., Develop and test incident response plans to ensure rapid containment and recovery., Collaborate with cybersecurity firms and threat intelligence providers to stay ahead of emerging ransomware strains.
Key Lessons Learned: The key lessons learned from past incidents are The Conti ransomware operation highlights the global reach and severe financial/operational impact of ransomware attacks, particularly on critical infrastructure. The case underscores the importance of international law enforcement collaboration (e.g., US-Ireland extradition) in combating cybercrime. Organizations are urged to implement robust cybersecurity measures, including employee training, vulnerability management, and incident response planning, to mitigate ransomware risks. The public doxxing of Conti by a Ukrainian researcher also demonstrates the potential for vigilante actions in response to cybercriminal activities tied to geopolitical conflicts.

Source: California Office of the Attorney General

Source: US Department of Justice (DoJ) Press Release
Date Accessed: 2023-10-06

Source: Infosecurity Magazine - 'Ukrainian Man Extradited to US Over Conti Ransomware Charges'
URL: https://www.infosecurity-magazine.com/news/ukrainian-conti-ransomware-extradited/
Date Accessed: 2023-10-06

Source: Previous Conti Incident: US Manufacturing Giant Parker Hit by Conti Ransomware Gang
Additional Resources: Stakeholders can find additional resources on cybersecurity best practices at and Source: California Office of the Attorney General, and Source: US Department of Justice (DoJ) Press ReleaseDate Accessed: 2023-10-06, and Source: FBI Cyber Division StatementDate Accessed: 2023-10-06, and Source: Infosecurity Magazine - 'Ukrainian Man Extradited to US Over Conti Ransomware Charges'Url: https://www.infosecurity-magazine.com/news/ukrainian-conti-ransomware-extradited/Date Accessed: 2023-10-06, and Source: Previous Conti Incident: US Manufacturing Giant Parker Hit by Conti Ransomware Gang.

Investigation Status: Ongoing (Lytvynenko awaiting trial in Tennessee; broader Conti investigations likely continuing)
Communication of Investigation Status: The company communicates the status of incident investigations to stakeholders through Public disclosure by US Department of Justice and FBI warnings to organizations.

Stakeholder Advisories: FBI and DoJ have advised organizations to remain vigilant and report ransomware incidents promptly.
Advisories Provided: The company provides the following advisories to stakeholders and customers following an incident: was FBI and DoJ have advised organizations to remain vigilant and report ransomware incidents promptly..

High Value Targets: Corporate Networks, Critical National Infrastructure,
Data Sold on Dark Web: Corporate Networks, Critical National Infrastructure,

Root Causes: Exploitation Of Unpatched Vulnerabilities Or Weak Credentials In Victim Systems., Successful Phishing Or Social Engineering Attacks To Gain Initial Access., Lack Of Adequate Endpoint Protection Or Ransomware-Specific Defenses., Insufficient Employee Training On Cybersecurity Best Practices., Geopolitical Motivations (E.G., Conti'S Pro-Russia Stance) Potentially Influencing Targeting Or Operational Security.,
Corrective Actions: Patch Management And Vulnerability Remediation Programs., Deployment Of Advanced Threat Detection Tools (E.G., Edr, Xdr)., Enhanced Email Security And Anti-Phishing Measures., Regular Security Audits And Penetration Testing., Incident Response Tabletop Exercises To Prepare For Ransomware Scenarios., Collaboration With Law Enforcement And Cybersecurity Information Sharing Organizations (E.G., Isacs).,
Post-Incident Analysis Process: The company's process for conducting post-incident analysis is described as Cybersecurity Experts, , Fbi Cyber Division, Irish Law Enforcement, .
Corrective Actions Taken: The company has taken the following corrective actions based on post-incident analysis: Patch Management And Vulnerability Remediation Programs., Deployment Of Advanced Threat Detection Tools (E.G., Edr, Xdr)., Enhanced Email Security And Anti-Phishing Measures., Regular Security Audits And Penetration Testing., Incident Response Tabletop Exercises To Prepare For Ransomware Scenarios., Collaboration With Law Enforcement And Cybersecurity Information Sharing Organizations (E.G., Isacs)., .
Ransom Payment History: The company has Paid ransoms in the past.
Last Attacking Group: The attacking group in the last incident was an Conti Ransomware Group.
Most Recent Incident Publicly Disclosed: The most recent incident publicly disclosed was on 2023-10-06.
Highest Financial Loss: The highest financial loss from an incident was $150 million (estimated total across all Conti victims).
Most Significant Data Compromised: The most significant data compromised in an incident were Employee Personal Information, , Social Security numbers, financial account information, and .
Third-Party Assistance in Most Recent Incident: The third-party assistance involved in the most recent incident was cybersecurity experts, , fbi cyber division, irish law enforcement, .
Most Sensitive Data Compromised: The most sensitive data compromised in a breach were Social Security numbers, Employee Personal Information and financial account information.
Highest Ransom Paid: The highest ransom paid in a ransomware incident was $500,000+ (in cryptocurrency from two victims in Tennessee).
Most Significant Legal Action: The most significant legal action taken for a regulatory violation was Criminal charges against Oleksii Oleksiyovych Lytvynenko (computer fraud conspiracy, wire fraud conspiracy), .
Most Significant Lesson Learned: The most significant lesson learned from past incidents was The Conti ransomware operation highlights the global reach and severe financial/operational impact of ransomware attacks, particularly on critical infrastructure. The case underscores the importance of international law enforcement collaboration (e.g., US-Ireland extradition) in combating cybercrime. Organizations are urged to implement robust cybersecurity measures, including employee training, vulnerability management, and incident response planning, to mitigate ransomware risks. The public doxxing of Conti by a Ukrainian researcher also demonstrates the potential for vigilante actions in response to cybercriminal activities tied to geopolitical conflicts.
Most Significant Recommendation Implemented: The most significant recommendation implemented to improve cybersecurity was Collaborate with cybersecurity firms and threat intelligence providers to stay ahead of emerging ransomware strains., Conduct frequent security awareness training to prevent phishing and social engineering attacks., Implement multi-layered defenses, including endpoint detection and response (EDR), network segmentation, and regular backups., Develop and test incident response plans to ensure rapid containment and recovery., Report ransomware intrusions immediately to local FBI field offices or relevant law enforcement agencies. and Monitor dark web forums for signs of stolen data or ransomware negotiations..
Most Recent Source: The most recent source of information about an incident are Previous Conti Incident: US Manufacturing Giant Parker Hit by Conti Ransomware Gang, US Department of Justice (DoJ) Press Release, California Office of the Attorney General, Infosecurity Magazine - 'Ukrainian Man Extradited to US Over Conti Ransomware Charges' and FBI Cyber Division Statement.
Most Recent URL for Additional Resources: The most recent URL for additional resources on cybersecurity best practices is https://www.infosecurity-magazine.com/news/ukrainian-conti-ransomware-extradited/ .
Current Status of Most Recent Investigation: The current status of the most recent investigation is Ongoing (Lytvynenko awaiting trial in Tennessee; broader Conti investigations likely continuing).
Most Recent Stakeholder Advisory: The most recent stakeholder advisory issued was FBI and DoJ have advised organizations to remain vigilant and report ransomware incidents promptly., .
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