Microchip Technology confirms data was stolen in cyberattack

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August cyberattack which was later claimed by the Play ransomware gangppHeadquartered in Chandler Arizona the chipmaker has around 123000 customers from multiple industry sectors including industrial automotive consumer aerospace and defense communications and computing marketsppOn August 20 Microchip Technology disclosed that operations at multiple manufacturing facilities were affected by a cyberattack discovered on August 17 The incident impacted the companys ability to meet orders and forced it to shut down some of its systems and isolate the affected ones to contain the breachppIn a Wednesday filing with the US Securities and Exchange Commission Microchip Technology revealed that its operationally critical IT systems are now back online with operations substantially restored and the company processing customer orders and shipping products for over a weekppMicrochip Technology added that the attackers had stolen some employee data from its systems but it has yet to find evidence that customer information was also exfiltrated during the breachppWhile the investigation is continuing the Company believes that the unauthorized party obtained information stored in certain Company IT systems including for example employee contact information and some encrypted and hashed passwords We have not identified any customer or supplier data that has been obtained by the unauthorized party Microchip Technology saidppThe Company is aware that an unauthorized party claims to have acquired and posted online certain data from the Companys systems The Company is investigating the validity of this claim with assistance from its outside cybersecurity and forensic expertsppMicrochip Technology is still evaluating the extent and impact of the cyberattack with help from external cybersecurity experts Its also still restoring IT systems that were impacted in the incident Despite still working on recovery after the attack the company says its been processing customer orders and shipping products for over a weekppEven though Microchip Technology is still investigating the nature and scope of the cyberattack the Play ransomware gang claimed responsibility on August 29 when it added the American chipmaker to its data leak website on the dark webppThey claimed to have stolen a wide range of information from Microchip Technologys compromised systems including private and personal confidential data clients documents budget payroll accounting contracts taxes IDs finance information and moreppThe ransomware gang has since partially leaked the allegedly stolen data and threatened to leak the rest of it if the company doesnt react to the leakppPlay ransomware emerged in June 2022 with initial victims seeking help through BleepingComputers forums Play operators steal sensitive data from compromised systems to use in doubleextortion schemes putting pressure on victims to pay a ransom if they want to avoid having their data leaked onlineppNotable Play ransomware victims include cloud computing company Rackspace car retailer giant Arnold Clark the Belgian city of Antwerp the City of Oakland in California and most recently Dallas CountyppIn collaboration with CISA and the Australian Cyber Security Centre ACSC the FBI also issued a joint advisory in December warning that this ransomware group had breached around 300 organizations globally as of October 2023ppCISA says BianLian ransomware now focuses only on data theftppCity of Columbus Data of 500000 stolen in July ransomware attackppLA housing authority confirms breach claimed by Cactus ransomwareppNorth Korean govt hackers linked to Play ransomware attackppBianLian ransomware claims attack on Boston Childrens Health PhysiciansppNot a member yet Register NowppNew Windows Server 2012 zeroday gets free unofficial patchesppNew Rockstar 2FA phishing service targets Microsoft 365 accountsppSpyLoan Android malware on Google play installed 8 million timesppCynet delivers 426 ROI in Forrester Total Economic 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