"Microchip Technology Confirms Personal Information Stolen in Ransomware Attack"
Semiconductor supplier Microchip Technology recently confirmed that personal information and other types of data were stolen from its systems during a recent ransomware attack. The company disclosed the incident on August 20. Roughly a week later, the Play ransomware gang claimed responsibility for the assault, adding Microchip to its Tor-based website. The cybercriminals said they were able to siphon personal information, employee IDs, and various business and financial documents. The company believes that the unauthorized party obtained information stored in certain company IT systems, including, for example, employee contact information and some encrypted and hashed passwords. The company noted that it has not identified any customer or supplier data that has been obtained by the unauthorized party. The company said that it has yet to determine the full extent of the incident and whether the attack would have a material impact on its financial condition or results of operations.