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The BlackCat/ALPHV ransomware group claims to have hacked the Japanese watchmaker Seiko and added the company to its extortion site.
Seiko is one of the world's largest and most historic watchmakers, with roughly 12,000 employees and an annual revenue that surpasses $1.6 billion.
On August 10th, Seiko published a notice of data breach following a cyber-attack in which the threat actor gained unauthorized access to at least one of its servers and accessed data.
After being aware of the cyber-attack, the company hired a team of external cybersecurity experts to investigate and assess the situation. As a result, they have confirmed that threat actors gained access to the network of the company and stole some data from its systems.
Now the BlackCat/ALPHV ransomware gang has claimed to be behind the attack and has added Seiko to the list of victims published on its data leak site.
The group published samples of some data allegedly exfiltrated from the company network, including passport scans, production plans and new model release plans.
However, it is still unclear if the hackers have stolen company secrets or intellectual property, such as patented technologies used for its products.
BlackCat is one of the most advanced and notorious ransomware gangs actively targeting the enterprise, constantly evolving its extortion tactics. The ransomware group mocked that the company has low security of its networks and products.
