Leading Semiconductor Material Manufacturer Falls Victim to Ransomware Attack

MEMC, LLC has recently fallen victim to a ransomware attack orchestrated by the cybercriminal group BlackBasta. The attackers have compromised approximately 1 terabyte of sensitive data from MEMC's systems. The stolen data includes corporate and financial information, non-disclosure agreements (NDAs), confidential documents, human resources and hiring information, research and development (R&D) and engineering data, personal employee documents, and client data.

This breach poses significant risks to MEMC's operations, intellectual property, and the privacy of its employees and clients. Despite the attack, the company's website remains operational.

Estimated Cost

1 TB data compromised

Threat Source

Impacts

IT