Defense Contractor CPI Knocked Offline by Ransomware Attack

A major electronics manufacturer for defense and communications markets was knocked offline after a ransomware attack, TechCrunch reported Thursday. From the report: A source with knowledge of the incident told TechCrunch that the defense contractor paid a ransom of about $500,000 shortly after the incident in mid-January, but that the company was not yet fully operational. California-based Communications & Power Industries (CPI) makes components for military devices and equipment, like radar, missile seekers and electronic warfare technology. The company counts the U.S. Department of Defense and its advanced research unit DARPA as customers. The company confirmed the ransomware attack. “We are working with a third-party forensic investigation firm to investigate the incident. The investigation is ongoing,” said CPI spokesperson Amanda Mogin. “We have worked with counsel to notify law enforcement and governmental authorities, as well as customers, in a timely manner.”

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Source: Slashdot