Trio-Tech International initially shrugged off a ransomware attack at a Singapore subsidiary as immaterial, only to reverse course days later after discovering stolen data had been disclosed.
The California-based semiconductor testing and burn-in services outfit said it detected a ransomware incident at a Singapore subsidiary on March 11, which led to the encryption of “certain files” on the company’s network. Trio-Tech initially concluded the disruption wasn’t material, but that assessment aged about as well as milk. “On March 18, the incident escalated and resulted in the unauthorized disclosure of certain Company data,” the company said in an 8-K filing with the SEC.
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Source: The Register News
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