databreaches.net 7/13/2026, 1:11:10 PM · external

German ZEGO textile firm files insolvency after March cyberattack

ZEGO Textilveredelungszentrum GmbH has officially filed for insolvency following a severe cyberattack on March 29, 2026, which caused nearly six weeks of production downtime and significant financial strain. Despite their efforts to stabilize the company, they determined that insolvency was necessary. The management expresses their commitment to restructuring, positioning, and stabilizing the company, emphasizing that insolvency does not mean the end but a chance for new beginnings.

They seek continued support and trust from business partners and express gratitude for past relationships, aiming to preserve jobs and sustain customer relationships.

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Article by CyberSIXT