YAMAICHI ELECTRONICS shares fall sharply in late afternoon trading on ransomware attack at Philippine subsidiary
YAMAICHI ELECTRONICS <6941> saw its share price decline accelerate in late afternoon trading after announcing at 2:50 p.m. that its Philippine subsidiary, Pricon Microelectronics, suffered a ransomware attack on several servers. The news triggered selling by concerned investors. The company is currently assessing the impact on earnings and is working with external experts to restore systems and determine the extent of the damage.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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