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Monday, 30 November 2020 16:25

Top IIoT chip maker Advantech hit by Windows Conti ransomware

Top IIoT chip maker Advantech hit by Windows Conti ransomware Image by Gerd Altmann from Pixabay

Industrial automation and industrial IoT chip manufacturer Advantech has suffered an attack by cyber criminals using the Windows Conti ransomware.

The attackers have posted some data that was stolen from the company website during the attack and are said to be demanding a ransom of 750 bitcoin which is about US$13.8 million.

An Advantech spokesperson told iTWire in response to a request for comment: "Some data may have been stolen by hackers due to a small number of Advantech servers which were attacked.

"According to our internal risk evaluation, the stolen data was confidential, but only contained low-value documents.

"The attacked OA server has gradually recovered and the important operating systems are all functioning normally."

conti advantech

A screenshot of the Windows Conti ransomware site on the dark web. Supplied

Advantech reported revenue of US$1.8 billion (A$2.43 billion) in 2019.

The spokesperson added: "At the same time, Advantech has also carried out data preservation and system upgrades related to customer information security and operating systems.

"Some media reported that Advantech was blackmailed, which is in line with the purpose of most general cyber attacks. Advantech will not be commenting on this.

"While resolving this incident, Advantech has introduced new detection, protection, and response actions into our cyber security strategies to mitigate risks of future attacks.

"We hope that our global colleagues, partners, and customers remain patient throughout the recovery period as we overcome this major cyber attack setback."

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Sam Varghese

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Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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