Volvo Cars discloses security breach leading to R&D data theft

LASER_oneXM

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Swedish carmaker Volvo Cars has disclosed that unknown attackers have stolen research and development information after hacking some of its servers.
"Volvo Cars has become aware that one of its file repositories has been illegally accessed by a third party," the company disclosed today.

"Investigations so far confirm that a limited amount of the company's R&D property has been stolen during the intrusion. Volvo Cars has earlier today concluded, based on information available, that there may be an impact on the company's operation."

Volvo said it notified relevant authorities after discovering the incident and is now investigating the data theft together with third-party experts.
"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," Volvo added.

Attack claimed by Snatch ransomware​

While the company did not disclose any other details on the breach, the Snatch ransomware gang has already claimed the attack.

The ransomware added an entry on their data leak site on November 30 about breaching Volvo Car Corporation's servers and stealing files during the intrusion, together with screenshots of the stolen files as proof. ... ... ...
 

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