Incident · Unknown

Kulicke and Soffa Industries, Inc. · KLIC

Information TechnologyUSAIncident May 12, 2024Filed May 28, 2024
Impact score
Business continuity
Effective
Insurance involved
Not disclosed
Filing
8-K · 8.01

Breach taxonomy

UnknownMalwareRevenue ProcessBiz Interruption

Summary

On May 12, 2024, Kulicke and Soffa Industries detected unauthorized access attempts into its network and servers. The company immediately contained and isolated the affected servers to prevent further intrusion, engaging third-party cybersecurity experts. No data exfiltration was identified as of the filing date. Disruptions to business operations were limited due to isolation, backup, and recovery efforts, and the company continued to serve customers with minimal disruption. Law enforcement was notified. Filed under Item 8.01; company determined the incident was not material.

Tagging rationale

ThreatUnknown

Filing does not attribute the incident to a specific actor → UNKNOWN.

MethodsMalware

Unauthorized access attempts into network and servers requiring isolation of affected systems → MALWARE.

AssetsRevenue Process

Unauthorized access attempts targeted company network and servers supporting semiconductor equipment manufacturing and customer servicing operations → REVENUE-PROCESS.

EffectsBiz Interruption

Filing notes disruptions to business operations were limited but present; backup and recovery efforts were required → BIZ-INTERRUPTION.

Business continuityEffective

Filing states disruptions were limited due to robust isolation, backup and recovery efforts, and the continuity planning strategy allowed operations and customer servicing to continue with minimal disruptions → Effective.

Impact

Unauthorized access attempts with no confirmed data exfiltration and minimal operational disruption at a semiconductor equipment manufacturer; company deemed non-material → score 1.

InsuranceNot disclosed

Filing makes no mention of insurance → null.

Read the original SEC filing excerpt
Item 8.01 Other Events. On May 28, 2024, Kulicke and Soffa Industries, Inc. (the Company) announced that on May 12, 2024, it detected unauthorized access attempts into its network and servers. On the same day, following detection of the external threat, the Company's cybersecurity team, together with leading third party cybersecurity experts, immediately took actions to contain and isolate the affected servers, and prevent further intrusion. The investigation to assess the complete nature, scope and impact of the incident, including coordination with law enforcement, remains ongoing. However, as of the date of this filing, based on the current status of our investigation and as confirmed by the Company's cybersecurity experts, the Company does not have reason to believe that any data exfiltration has occurred. The Company also does not believe the incident is reasonably likely to materially impact the Company's financial condition, results of operations, or ability to meet its fiscal third quarter 2024 business outlook. Disruptions to the Company's business operations were limited due to robust isolation, back-up and recovery efforts. The Company's continuity planning strategy allowed for operational activities and servicing of customers to continue with minimal disruptions.