Ransomware Attack on Chicony Electronics: A Threat to Industry Leaders
Incident Date:
April 15, 2024
Overview
Title
Ransomware Attack on Chicony Electronics: A Threat to Industry Leaders
Victim
Chicony Electronics
Attacker
Hunters International
Location
First Reported
April 15, 2024
Ransomware Attack on Chicony Electronics by Hunters International
Company Profile
Chicony Electronics Co., Ltd., established in 1983 and headquartered in New Taipei, Taiwan, is a significant player in the electronic manufacturing sector. Specializing in the production of computer peripherals and consumer electronics, Chicony's product line includes desktop and laptop keyboards, mice, computer cameras, and more. The company boasts a robust distribution network across America, Europe, and Asia. As of the latest reports, Chicony has a workforce of 630 employees and a market capitalization of approximately $4.5 billion.
Attack Overview
The ransomware group Hunters International has recently targeted Chicony Electronics, leading to the exfiltration of 1.2 terabytes of sensitive data. This cyber attack accentuates the persistent risks encountered by major corporations in the technology and manufacturing sectors from skilled cybercriminal groups.
Industry Standing and Vulnerabilities
The company stands out in its industry due to its extensive product range and international market presence. However, these factors also make it a lucrative target for cybercriminals looking to exploit valuable corporate data. The vast amount of intellectual property held by Chicony, combined with its global distribution network, increases its exposure to potential cyber-attacks, including ransomware.
Sources
Recent Ransomware Attacks
The Recent Ransomware Attacks (RRA) site acts as a watchtower, providing you with near real-time ransomware tracking of attacks, groups and their victims. Given threat actors’ overarching, lucrative success so far, ransomware attacks have become the most ubiquitous, and financially and informationally impactful cyber threat to businesses and organizations today.
The site’s data is generated based on hosting choices of real-world threat actors, and a handful of other trackers. While sanitization efforts have been taken, we cannot guarantee 100% accuracy of the data. Attack updates will be made as source data is reported by reputable sources. By viewing, accessing, or using RRA you acknowledge you are doing so at your own risk.