Leading U.S. laser developer IPG Photonics hit with ransomware

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IPG Photonics, a leading U.S. developer of fiber lasers for cutting, welding, medical use, and laser weaponry has suffered a ransomware attack that is disrupting their operations.

Based out of Oxford, Massachusets, IPG Photonics has locations worldwide where they employ over 4,000 people and have a $1.3 billion revenue in 2019.
 
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