Ransomware Attack Cost Keytronic Over $17 Million

August 5, 2024 at 03:30AM Keytronic, an electronics manufacturing services firm, suffered a ransomware attack resulting in over $17 million in additional expenses and lost revenue. The cyberattack led to $2.3 million in expenses, $15 million in revenue loss, and a two-week suspension of operations. The incident was attributed to the Black Basta ransomware group, … Read more