Volvo Cars says it suffered cyberattack

Car company Volvo suffered a cyberattack on some of its research and development property, the manufacturer said in a press release.

“Volvo Cars has become aware that one of its file repositories has been illegally accessed by a third party,” the company said Friday. “Investigations so far confirm that a limited amount of the company’s R&D property has been stolen during the intrusion.”

Last week, Swiss tech news site INSIDE IT reported that the ransomware group Snatch posted screenshots of allegedly stolen documents from Volvo onto the darknet on November 30.

Volvo’s statement made no comment on the possible origin of the attack.

“There may be an impact on the company’s operation,” the Chinese-owned Swedish company acknowledged.

Volvo says that it is investigating the breach. “The company does not see, with currently available information, that this has an impact on the safety or security of its customers’ cars or their personal data,” the statement added.

The company said it “immediately implemented security countermeasures including steps to prevent further access to its property and notified relevant authorities.”



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