Chipmaker Exposed in Maze Attack
The Maze Ransomware team has struck again.
This time it's semiconductor manufacturer MaxLinear (NYSE: MXL). The company reported details of the attack to the SEC and the California Attorney General. Unfortunately, the Maze team spent plenty of time in the company's network stealing files before being discovered. (Maze has been busy, like here and here.)
Our investigation to-date has identified evidence of unauthorized access to our systems from approximately April 15, 2020 until May 24, 2020. - letter to California AG
And to be fair, the attackers were only discovered when they were ready to announce themselves. Once they've taken the data desired, they can then launch their Ransomware, announcing their presence with a financial demand.
We have no plans to satisfy the attacker’s monetary demands.
MaxLinear says they will not be paying the ransom, though this is still a difficult decision. In typical form, the Maze team has started releasing sensitive files to force payment. And this is has become a go-to strategy for hackers, just like here and here.
On June 15, 2020, the attacker released online certain proprietary information. -SEC filing
Now the company is left with exposed employee data and vulnerable intellectual property.
For manufacturers, exposure of trade secrets, intellectual property and R&D plans can be catastrophic.
It's time to protect your team and your assets from these attacks.
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