German semiconductor giant Semikron says hackers have encrypted its network

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Semikron is a German manufacturer of semiconductors for electric vehicles and industrial automation systems, confirmed that she was the victim of a cyber attack that led to data encryption.

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“Semikron is already in the process of resolving the situation so that workflows and all related processes can continue without disruption for both employees and customers as soon as possible,” a Semikron spokesperson told TechCrunch.

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Semikron refused to reveal the nature of the cyberattack, but all indications are that ransomware. This was announced by the semiconductor manufacturer. statement that the hackers claim to have “stolen data from our system,” adding that the incident resulted in “partial encryption of our IT systems and files.” This suggests that the attacker behind the attack used a ransomware double-ransomware tactic, by which the cybercriminals extract the victim’s sensitive data in addition to encrypting it.

The Nuremberg-based group of companies, which claims to power 35% of the world’s wind turbines annually, declined to say who was behind the attack or whether it received a ransom demand. However, Beeping Computer reports that Semikron was the victim of LV ransomware, with hackers apparently stealing 2 terabytes of documents.

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The LV ransomware has was in operation Since at least 2020, and has been using a modified version of the REvil ransomware, according to cybersecurity firm Secureworks. According to the group’s dark web blog, which does not yet list Semikron as a victim, the gang is targeting companies that allegedly fail to comply with data protection obligations.

“They refused to correct their mistakes, they refused to protect this data when they could and should have protected it,” the darknet blog says. “These companies preferred to sell their personal information, the personal data of their employees and customers.”

It’s unclear what data was removed from Semikron’s systems, and the company declined to say how many customers and employees could potentially be affected. Semikron has over 3,000 employees in 24 offices and 8 production sites worldwide in Germany, Brazil, China, France, India, Italy, Slovakia and the USA.

“With the support of external cybersecurity experts and forensics, we are investigating the incident,” Semikron added. “At the same time, we are working to restore our ability to work to minimize disruption to our employees, customers and partners and keep our IT systems as secure as possible.”


Credit: techcrunch.com /

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