Ransomware Group Targets Foxconn Subsidiary Foxsemicon

Ransomware Group Targets Foxconn Subsidiary Foxsemicon

January 18, 2024 at 06:12AM

Foxsemicon, a subsidiary of Foxconn, was reportedly attacked by LockBit ransomware. 5 Tb of data was claimed to be stolen and encrypted, including personal data of customers and employees. The cybercriminals demanded a ransom and threatened to make the data public. Although Foxsemicon believes the impact won’t be significant, the incident is being investigated.

Key Takeaways from Meeting Notes:
1. Foxsemicon Integrated Technology, a subsidiary of Foxconn, has been targeted by the LockBit ransomware group.
2. Foxsemicon specializes in semiconductor equipment manufacturing and had their website defaced, with a claim that data was stolen and encrypted. The cybercriminals threatened to release personal data unless a ransom is paid.
3. The ransom amount is uncertain, but the cybercriminals mentioned a $1 million example.
4. Foxsemicon’s initial assessment indicates the incident should not significantly impact its operations, as confirmed to the Taiwan Stock Exchange.
5. The Foxsemicon website has been restored at the time of writing.
6. LockBit ransomware group did not name itself, but the links provided to the company point to the LockBit Tor-based leak website.

Let me know if you need further information or details on any specific aspect.

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