Tech producer Information I/O reported a ransomware assault to federal regulators on Thursday night, writing that the incident has taken down vital operational techniques.
The Redmond, Washington-based firm stated the ransomware assault started on August 16 and prompted outages of the know-how used for transport, manufacturing, manufacturing and different assist features.
Information I/O produces electronics utilized in automobiles and shopper units. Greater than 65% of its enterprise within the second quarter got here from automotive digital manufacturing, together with by way of current contracts with Chinese language electrical automobile makers producing know-how for charging stations. Its web site lists main corporations like Tesla, Panasonic, Amazon, Google and Microsoft as prospects.
In an 8K report filed with the US Securities and Change Fee (SEC), Information I/O stated it has carried out containment measures, together with taking techniques offline, to guard its world IT community.
The corporate is ready on a third-party investigation to be accomplished earlier than notifying potential information breach victims.
There is no such thing as a timeline for a full restoration of companies. The corporate admitted that the “anticipated prices associated to the incident, together with charges for our cybersecurity specialists and different advisors, and prices to revive any impacted techniques, are fairly prone to have a cloth impression on the Firm’s outcomes of operations and monetary situation.”
The corporate reported $5.9 million in gross sales final quarter, a $300,000 lower in comparison with the primary quarter of 2025.
Information I/O is the second firm this week to report a ransomware assault to the SEC after drug analysis agency Inotiv stated it was recovering from an incident that started on August 8.
Cybersecurity agency Dragos stated final week that it tracked 657 ransomware assaults on industrial entities globally between April and June. The manufacturing sector was hit hardest, accounting for 65% of victims within the second quarter — together with metal producer Nucor and medical gadget maker Masimo.
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