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Black Basta ransomware costs Keytronic more than $17M

Cybersecurity

Black Basta ransomware costs Keytronic more than $17M

August 21, 2024Ken Showers, Managing Editor

SPOKANE, Wash. — A cybersecurity data breach of Keytronic, a manufacturing and engineering company, that occurred earlier this year has resulted in significant losses, the company’s recent financial results have shown.  The company reported that they had suffered a data breach from the Black Basta ransomware gang, which leaked 530 GB of stolen data following the attack, in a U.S. Securities and Exchange Commission report filed back in May. The results of that attack were reflected...

cyber resilience, Cybersecurity, data breach, Index Engines, Jim McGann, Keytronic, Ransomware

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