Semiconductor Equipment Manufacturer Semikron Became a Victim of LV Ransomware

German power semiconductor manufacturer Semikron was hit by ransomware attack, leaving the company’s network partially encrypted. Apparently, the company fell victim to the LV ransomware.

Semikron is an international German company whose main activity is production of power electronics.

Semikron employs more than 3,000 people in 24 offices and eight production sites around the world, including Germany, Brazil, China, France, India, Italy, Slovakia and the United States. The company’s turnover in 2020 was about $461,000,000.

According to the manufacturer’s official statement, Semikron suffered an attack “by a group of professional hackers.”

According to the German Federal Office for Information Security (Bundesamt für Sicherheit in der Informationstechnik), malware operators are indeed blackmailing the company and threatening to leak allegedly stolen data.

Although the company does not disclose any information about the malware itself, Bleeping Computer writes that a ransom note posted on one of Semikron’s encrypted systems indicates that the attack is related to the LV ransomware, and the attackers claim that they stole 2 TB of documents from the company.

Semikron is currently working to address the impact of the incident and restore the health of its systems, seeking to “minimize disruptions for employees, customers and contractors and ensure the highest possible security of IT systems.”