Chip programming solutions provider Data I/O was recently targeted in a ransomware attack that has caused significant disruption to the company’s operations.
Data I/O offers electronic device programming systems for integrated circuits, such as flash memory and microcontrollers. According to its website, Data I/O customers include Bosch, Amazon, Apple, Google, HP, Microsoft, Siemens, Philips, Sony, and Foxconn.
In an 8-K form filed with the SEC on August 21, the company revealed that it detected ransomware on some IT systems on August 16.
It took some platforms offline in response to the intrusion, which led to communications, shipping, manufacturing, and other functions getting disrupted.
Data I/O has called in outside experts to help with incident response and recovery. The investigation is ongoing, but the wording in the SEC report suggests the cybercriminals may have stolen some data from hacked systems.
“Based on the findings, the Company will take additional actions as appropriate, including notifying affected individuals and regulatory authorities in compliance with applicable laws,” the firm said.
The company has been working on restoring impacted systems, but on August 21 it could not provide a timeline for full restoration.
“The expected costs related to the incident, including fees for our cybersecurity experts and other advisors, and costs to restore any impacted systems, are reasonably likely to have a material impact on the Company’s results of operations and financial condition,” the company said.
No known ransomware group appears to have taken credit for the attack on Data I/O.
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