Foxconn confirms ransomware attack struck its Mexico facility

Electronics manufacturers Foxconn has confirmed that in late May, one of its Mexico-based production plants was struck by a ransomware attack.

Ransomware gang LockBit has claimed the responsibility for the attack. However, Foxconn did not name any group or organisation.

LockBit a popular ransomware-as-a-service (RaaS) operation is threatening to leak data stolen from Foxconn until the company pays the ransom by June 11. LockBit’s demand is unknown and has not revealed yet whether it had paid the ransom demand. 

The company has put forth that the impact will not be high and that the recovery will be phased as per pre-charted plan.

“It is confirmed that one of our factories in Mexico experienced a ransomware cyberattack in late May. The company’s cybersecurity team has been carrying out the recovery plan accordingly,” Bleeping Computer quoted a Foxconn spokesperson as saying. 

“The factory is gradually returning to normal. The disruption caused to business operations will be handled through production capacity adjustment. The cybersecurity attack is estimated to have little impact on the Group's overall operations. Relevant information about the incident is also provided instantly to our management, clients, and suppliers," the spokesperson added.

The attacked Foxconn factory is in Tijuana, Mexico, and is considered significant as it is a critical supply hub for the US state of California, an important electronics consumer.