Powerful cyber attack on Nexperia makes adjustments to the situation in the semiconductor market

Father

Professional
Messages
2,602
Reaction score
831
Points
113
Hundreds of gigabytes of leaked data can drown a company in lawsuits.

Nexperia, a major Dutch chip manufacturer run by the Chinese company Wingtech, recently experienced a major cyberattack. According to the official statement of the company, unauthorized penetration into its information systems was recorded in March of this year.

Nexperia is a global semiconductor company headquartered in the Netherlands with over 15,000 employees in Europe, Asia and the United States.

Following the discovery of the breach, Nexperia immediately took action, disabling the affected systems from accessing the network to prevent further spread of the attack. The company also initiated an investigation involving third-party experts to determine the extent and nature of the information leak. The Dutch authorities and law enforcement agencies were also immediately informed of the incident.

Local media outlets report that hackers have managed to steal hundreds of gigabytes of confidential information, including trade secrets, chip blueprints, and data about the company's customers, including, for a moment, such major technology corporations as Apple, Huawei, and SpaceX.

It is noted that dozens of confidential documents are already available on the darknet, and hackers themselves are demanding a ransom for not publishing the remaining materials.

Nexperia is an important player in the semiconductor market and holds a significant position in the sector of technology, development and production of chips. In light of current developments, the company's reputation and position in the semiconductor market may change significantly.

The company claims that it is taking all possible measures to eliminate the consequences of the attack and restore the security of its systems. In addition, information security procedures are being strengthened to prevent similar incidents in the future. However, it is unlikely that Nexperia will be able to get off with "little blood" if the data was really stolen.

Ransomware attacks that leak sensitive data always hurt the business of any large company. So, in August last year, it became known that the Australian Latitude Group almost went bankrupt, eliminating the consequences of the attack. The company's expenses totaled an impressive $ 100 million. To stay afloat, Latitude was forced to sell one of its divisions and cover part of the costs with the amount received.
 
Top