June 17, 2024 at 10:14AM
Keytronic, a printed circuit board assembly (PCBA) manufacturing firm, disclosed a data breach after a ransomware attack in which limited data, including personally identifiable information, was accessed and exfiltrated. The company suspended operations in the US and Mexico for two weeks as a precautionary measure. The cyberattack is expected to impact financial results significantly.
Key takeaways from the meeting notes:
– Keytronic, a printed circuit board assembly (PCBA) manufacturing firm, disclosed a data breach after a ransomware gang published allegedly stolen information from its network.
– The incident occurred on May 6, causing disruptions and limitations of access to portions of the company’s business applications supporting operations and corporate functions. This included financial and operating reporting systems.
– As a precaution, the company suspended operations in the US and Mexico for two weeks, with no disruption to other international operations. All affected corporate operations and functions have been fully restored.
– The investigation into the attack determined that limited data, including personally identifiable information, was accessed and exfiltrated from the environment.
– Keytronic will provide appropriate notifications to potentially affected parties and regulatory agencies as required by law.
– The cyberattack has incurred approximately $600,000 in expenses related to external cybersecurity experts. The disrupted production and expenses related to recovery and remediation efforts will likely have a material impact on its financial results for the fourth quarter.
– The responsible threat actor was not disclosed, but the Black Basta ransomware group claimed to have stolen financial documents, engineering data, human resources information, and other types of data.
These are the key highlights of the meeting notes related to the data breach incident at Keytronic.