U.S. MaxLinear Semiconductor Discloses Ransomware Attack


This week, American-based broadband and networking semiconductor maker MaxLinear revealed that some of its operating systems have been infected with Maze ransomware.

In an 8-K filing with the United States The company’s Securities and Exchange Commission (SEC) reported that while systems within its IT infrastructure have been affected, there have been no interruptions.

“The attack on ransomware didn’t materially affect our production and shipping capabilities, and order fulfillment continued without material interruption,” says the company.

Last week, MaxLinear began sending letters to impacted individuals to inform them of the attack, revealing that the incident was detected on May 24, but that the attackers probably had access to the company ‘s systems since April 15, 2020 at least.

“We immediately took all of the systems offline, retained third-party cybersecurity experts to assist in our investigation, contacted law enforcement, and worked to restore systems safely in a way that protected the security of information on our systems,” reads a copy of the letter submitted by the chip maker to the Attorney General of the State of California.

The attackers were able to access various types of data during the time they lived in the company’s network, including personal information from their employees.

Impacted data includes names, mailing addresses, personal and corporate emails, employee ID numbers, driver’s license numbers, financial account numbers, Social Security numbers, birth dates, work locations, compensation and benefit information, dependent details, and job date.

The business has initiated an enterprise-wide reset of passwords and is still working to strengthen its security programmes.

MaxLinear claims it does not intend to “satisfy the monetary demands of the intruder,” although the Maze ransomware operators have already begun publishing what appears to be financial data stolen from the company.

The company is working with a third party to determine the hackers posted details. Many of the affected systems and facilities have already been restored but the restauration project is continuing.

“Even though we have incurred incremental costs as a result of forensic investigation and remediation, we do not currently expect the incident to affect our operating expenses materially or adversely,” the company says.

Jennifer Thomas
Jennifer Thomas is the Co-founder and Chief Business Development Officer at Cybers Guards. Prior to that, She was responsible for leading its Cyber Security Practice and Cyber Security Operations Center, which provided managed security services.