Data I/O Corporation Recovers from Ransomware Attack

Data I/O, an electronics manufacturer and software vendor operations were disrupted in the wake of a ransomware attack Aug. 16. The incident impacted internal and external communications, shipping, receiving, manufacturing production and other support functions. The company has been working on restoring impacted systems, but on August 21 it could not provide a timeline for full restoration. “The expected costs related to the incident, including fees for our cybersecurity experts and other advisors, and costs to restore any impacted systems, are reasonably likely to have a material impact on the Company’s results of operations and financial condition,” the company said. A later statement from the company indicates systems were fully restored by early September.

Estimated Cost

$300,000; operational disruption ~3 weeks.

Threat Source

Impacts

OT IT