Seiko Suffers Ransomware Attack

August 22, 2023

INCIDENT

Seiko Group Corporation confirmed it suffered a data breach July 28 and is apparently a victim of a ransomware attack, according to a Monday post on an attack group’s website.
Seiko, a watchmaker with 12,000 employees and an annual revenue over $1.5 billion, said in an advisory: “It appears that some as-yet-unidentified party or parties gained unauthorized access to at least one of our servers. Subsequently, on August 2nd, we commissioned a team of external cybersecurity experts to investigate and assess the situation.
“As a result, we are now reasonably certain that there was a breach and that some information stored by our company and/or our group companies may have been compromised.

Incident Date

July 28, 2023

Location

Japan

Estimated Cost

Unknown at this time.

Type of Malware

No Malware identified

Threat Source

No threat source identified