"Chipmaker Giant Nexperia Confirms Cyber-Attack Amid Ransomware Group Claims"
Global chipmaker giant Nexperia has recently revealed it suffered a cyberattack amid reports that ransomware hackers stole sensitive documents and intellectual property from the company. The Chinese-owned firm, headquartered in the Netherlands, confirmed on April 12 that “an unauthorized third party” accessed certain IT servers in March 2024. Nexperia said that it is currently working with external specialists to determine the nature and scope of the incident and has informed relevant authorities in the Netherlands, including law enforcement. The attack has been claimed by the Dunghill group, a ransomware gang that began operating in early 2023. Nexperia develops and produces semiconductors for electronic devices used across various sectors. It has over 15,000 employees across Europe, Asia, and the US and had a global annual revenue of $2.36bn in 2022.