Subj : Keytronic confirms data breach after Black Basta ransomware gang
To   : All
From : TechnologyDaily
Date : Mon Jun 17 2024 16:15:05

Keytronic confirms data breach after Black Basta ransomware gang strikes again

Date:
Mon, 17 Jun 2024 15:10:15 +0000

Description:
Keytronic hit by major cybersecurity incident from notorious ransomware group.

FULL STORY
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Hardware firm Keytronic has confirmed a significant data breach weeks after 
the Black Basta ransomware group leaked over 500GB of the companys stolen 
data around two weeks ago. 

The company, known for its printed circuit board assembly (PCBA), reported 
the cyberattack in an SEC filing over a month ago on May 6 the attack was 
believed to have disrupted Keytronics operations, limiting access to business 
applications essential for corporate activities. 

In its SEC filing, Keytronic detailed the impact of the breach, including a 
two-week shutdown of domestic and Mexico operations to address the incident. 
Although normal operations have resumed, the investigation did confirm that 
personal information had been stolen during the attack. Keytronic confirms 
Black Basta attack 

Since the date of the Original Report, the Company has determined that the 
threat actor accessed and exfiltrated limited data from the Companys 
environment, which includes some personally identifiable information," a 
statement from the filing reads. 

Keytronic is now notifying potentially affected parties and regulatory 
agencies. 

Besides the attacks impact on personal data, Keytronic also disclosed that 
the resulting production loss could impact its financial condition for the 
four quarter, which ends June 29. The company incurred around $600,000 in 
expenses for external cybersecurity experts, and more costs are anticipated. 

Although Keytronic has not named the attackers, Black Basta has claimed 
responsibility, alleging they stole human resources, finance, engineering and 
corporate data, sharing screenshots of sensitive information like employees 
passports and social security cards, customer presentations and corporate 
documents. 

 TechRadar Pro has asked Keytronic to share further information and context, 
but we did not receive an immediate response. More from TechRadar Pro Protect 
your device with the best endpoint protection software Downloaded something 
dodgy? Check out the best malware removal Black Basta ransomware has become 
one of the biggest threats worldwide, CISA and FBI say



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Link to news story:
https://www.techradar.com/pro/security/keytronic-confirms-data-breach-after-bl
ack-basta-ransomware-gang-strikes-again


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