Yamaichi Electronics Confirms Ransomware Incident at Philippine Subsidiary

Summary

Yamaichi Electronics says ransomware affected some servers at its Philippine subsidiary, Pricon Microelectronics. The company confirmed the incident on Apr. 17 and announced it Apr. 22; recovery and investigation continue, with business impact under review.

Key points

• Yamaichi Electronics confirmed ransomware affected some servers at its Philippine subsidiary, Pricon Microelectronics; the incident was confirmed on Apr. 17 and announced on Apr. 22.
• The company is working with external specialists to protect affected systems and restore them.
• The cause and extent of the impact remain under investigation, and the effect on the group’s business is still being assessed.
• The announcement did not report personal-information leakage or direct customer impact; the assessment is ongoing.
• The article recommends strengthening multi-factor authentication for VPN and remote access, segmenting networks, deploying EDR, and maintaining offline backups with regular recovery drills.