Microchip Technology Incorporated, a leading American semiconductor supplier, has confirmed a significant breach of employee data due to a cyberattack by the Play ransomware gang. The attack disrupted operations across multiple manufacturing facilities, although customer data remains secure.
The breach was first detected after operations were crippled, forcing the company to shut down certain IT systems to contain the situation. By August 20, Microchip publicly disclosed the incident, revealing that employee contact information and some encrypted passwords had been stolen.
Play ransomware, known for its aggressive tactics, claimed responsibility for the attack and threatened to leak sensitive data unless their ransom demands are met. The group has already leaked part of the stolen data and added Microchip to their dark web list of victims.
Despite the attack, Microchip Technology has resumed normal operations and is working with cybersecurity experts to strengthen its defenses. This incident highlights the growing threat of ransomware attacks on critical industries, emphasizing the need for robust cybersecurity measures to protect sensitive information.
As Microchip assesses the full impact of the breach, the incident serves as a wake-up call for the semiconductor and tech industries, reminding them that no organization is immune to cyber threats.