Foxconn confirms ransomware assault disrupted manufacturing in Mexico

Foxconn confirms ransomware attack disrupted production in Mexico

Foxconn electronics producer has confirmed that one among its Mexico-based manufacturing crops has been impacted by a ransomware assault in late Could.

The corporate didn’t present any information on the group liable for the assault however operators of the LockBit ransomware gang claimed accountability.

Foxconn operates three services in Mexico, which produce computer systems, LCD TVs, cell gadgets, and set-top packing containers, previously utilized by Sony, Motorola, and Cisco Techniques.

The attacked Foxconn manufacturing unit is situated in Tijuana, Mexico, and is taken into account a strategic facility that acts a essential provide hub for the U.S. state of California, a big electronics shopper.

In an announcement to BleepingComputer, Foxconn has assured that the influence on its total operations will likely be minimal, and the restoration will unfold in line with a pre-determined plan. An organization spokesperson supplied the next remark:

“It’s confirmed that one among our factories in Mexico skilled a ransomware cyberattack in late Could. The corporate’s cybersecurity crew has been finishing up the restoration plan accordingly.

The manufacturing unit is steadily returning to regular. The disruption brought on to enterprise operations will likely be dealt with by manufacturing capability adjustment. The cybersecurity assault is estimated to have little influence on the Group’s total operations. Related details about the incident can also be supplied immediately to our administration, purchasers, and suppliers.” – Foxconn

LockBit strikes

LockBit ransomware operation claimed the assault on Could 31 by publishing a risk to leak knowledge stolen from Foxconn except a ransom is paid by June 11.

LockBit claiming Foxconn as victim
LockBit claiming Foxconn as sufferer (KELA)

Which means negotiations will not be fully over and the cybercriminals nonetheless hope to return to an settlement with the corporate. LockBit’s calls for stay unknown in the intervening time however they’re prone to be fairly giant, provided that the gang usually targets profitable firms that may pay bigger ransoms.

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The attacker has not given any trace concerning the knowledge they maintain however they often look to exfiltrate priceless info that may very well be used as leverage for the sufferer to pay.

Since Foxconn produces numerous shopper digital merchandise for a lot of manufacturers, LockBit would possibly maintain priceless schematics and technical drawings that represent mental property shared underneath non-disclosure agreements.

Foxconn’s manufacturing unit in Tijuana is the second hit by a ransomware assault in lower than two years. In December 2020, the DoppelPaymer ransomware group introduced that it hit the corporate’s CTBG MX facility in Ciudad Juárez.

The attackers requested for a $34 million ransom and claimed to have stolen 100GB of information, encrypted between 1,200 and 1,400 servers and destroyed 20 to 30TB of backup knowledge.

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