REC Silicon targeted by ransomware attack

LYSAKER, NORWAY - According to a press release Monday from REC Silicon ASA, the company’s virtual server environment suffered a ransomware attack that caused business systems to stop functioning for a brief period of time. The release also stated that all systems of the company have been successfully restored with only minor data loss of a limited amount that does not appear to include any significant intellectual property. REC has implemented increased security and is taking additional steps to ensure the protection of its information and server environment from any future incidents, the release states.