Microchip Technology Confirms Private Data Stolen in Ransomware Attack

 

Microchip Technology has acknowledged that employee information was stolen from vulnerable systems in an August incident. The Play ransomware group later claimed responsibility. 

The chipmaker, headquartered in Chandler, Arizona, serves over 123,000 clients across a variety of industries, including industrial, automotive, consumer, aerospace and defence, communications, and computing. 

On August 20, Microchip Technology revealed that a cyberattack discovered on August 17 has disrupted operations across multiple production plants. The incident hampered the company’s capacity to meet orders, forcing it to shut down parts of its systems and isolate those affected in order to manage the breach. 

In a Wednesday filing with the Securities and Exchange Commission, Microchip Technology stated that its operationally critical IT systems are now functioning, with operations “substantially restored” with the firm processing customer orders and shipping products for more than a week. 

This article has been indexed from CySecurity News – Latest Information Security and Hacking Incidents

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