German power electronics manufacturer Semikron experiences LV ransomware attack

On Monday 1st of August, the German power electronics manufacturer Semikron revealed they had experienced a ransomware attack that partially encrypted the company’s network as well as data being allegedly stolen. According to an alert issued by the German Federal Office for Information Security (Bundesamt für Sicherheit in der Informationstechnik), the ransomware operators are blackmailing the company and threatening to leak allegedly stolen data.

“The SEMIKRON Group has been the victim of a cyber attack by a professional hacker group. As part of this attack, the perpetrators have claimed to have stolen data from our system,” – Semikron statement 01/08/2022.

Semikron has not shared any further details about the ransomware involved in the incident but sources have seen that a ransom note which had been deployed on one of the encrypted Semikron systems is linked to the LV ransomware gang and the note further states the gang had stolen 2TB worth of documents. Semikron has stated they are investigating the threat actors’ claims with the help of external cybersecurity and forensic experts. They also stated that they have informed and are collaborating with relevant authorities throughout the investigation and would alert customers and partners if any evidence of data theft is found.