Cyberattack Disrupts Operations at Microchip Technology in Arizona

On August 17, 2024, Microchip Technology Incorporated, headquartered in Chandler, Arizona, detected suspicious activity in its IT systems, later confirmed as a cyberattack. The incident disrupted operations across several manufacturing facilities, forcing the company to shut down some systems and operate at reduced capacity. Microchip Technology, a key player serving industries like automotive, aerospace, and communications, is working with external cybersecurity experts to assess and mitigate the damage. The full impact remains unclear, but there are indications the attack could involve ransomware. The company is focused on restoring its systems and evaluating the financial implications.

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