Sensata Technologies informed the Securities and Exchange Commission on Wednesday that it was recently targeted in a ransomware attack that caused disruptions to its operations.
The Attleboro, Massachusetts-based company provides sensors, relays, switches and other electrical components for the automotive, industrial and aerospace sectors. The company has operations in 14 countries and employs more than 18,000 people.
Sensata told the SEC that it detected a cyberattack on April 6. The company described it as a ransomware incident that resulted in files stored on some devices being encrypted.
The sensor giant has also found evidence that the hackers have stolen files from its systems. An investigation is underway to determine exactly which files have been taken.
“The incident has temporarily impacted Sensata’s operations, including shipping, receiving, manufacturing production, and various other support functions,” Sensata said. “While the Company has implemented interim measures to allow for the restoration of certain functions, the timeline for a full restoration is not yet known.”
Regarding the potential material impact of the ransomware attack, the company said it does not expect the incident to affect financial results and operations for the second quarter.
However, it noted that “the full scope and impact of this incident is not yet known and could result in a future determination that the incident will be material to the Company’s financial statements and results of operations”.
It’s unclear which ransomware group is behind the attack on Sensata. At the time of writing, no known cybercrime group appears to have taken credit for the attack.
Since the attack was just recently conducted, it’s likely that the hackers are still hoping to convince the company to pay a ransom and will only add it to their leak website if negotiations fail.
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