British engineering firm Smiths Group is managing a cybersecurity incident that involved unauthorised access to its systems, the company said on Tuesday, sending its shares down as much as 2.3% in early trade.

Global engineering firm Smiths Group has reported a cyber security incident involving unauthorised access to its systems. Upon detecting the breach, the firm promptly isolated the affected systems and activated its business continuity plans to mitigate disruptions.

London-based engineering giant Smiths Group disclosed a security breach after unknown attackers gained access to the company's systems.

Engineering giant Smiths Group has revealed its global systems have been hit by a cyber attack. The FTSE 100 firm said it was “currently managing” the hack, which has affected its internal systems worldwide.