NXP Falls Victim to China-Linked Hackers

NXP, a leading semiconductor manufacturer, fell victim to a cyberattack between 2017 and 2020. According to Dutch news site NRC Handelsblad, the attack was carried out by a China-related group known as Chimera or G0114.

The hackers managed to gain unauthorized access to employee emails and network drives, raising concerns about the security of sensitive information. NXP has since taken immediate action to address the breach and enhance the security of its systems and networks.

In a statement, NXP acknowledged the compromise of certain systems in January 2020. The company assured stakeholders that it is actively investigating the incident and implementing remedial measures to mitigate any potential damage. While NXP does not believe the breach has had a significant impact on its business or caused material damage, the investigation is ongoing.

NXP recognizes the evolving nature of cyber threats and the need for continuous evaluation and improvement of its security measures. The company remains committed to safeguarding its operations and financial results from any future breaches or incidents.

As the investigation progresses, NXP will assess the extent and nature of the compromised data. It is crucial for the company to determine the potential risks associated with the breach and take appropriate actions to minimize any adverse effects.