JVCKenwood Hit By Conti Ransomware Reports 1.5TB Data Theft

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JVCKenwood suffered a Conti ransomware attack in which threat actors claim they stole 1.7 TB of data and demand a $ 7 million ransom.

JVCKenwood is a Japan-based electronics multinational that employs 16,956 people and has 2021 sales of $ 2.45 billion. The company is known for its JVC, Kenwood and Victor brands, which manufacture car and home audio equipment, radio and healthcare equipment, professional and vehicle cameras, and portable power plants.

Yesterday, JVCKenwood revealed that the servers belonging to its sales companies in Europe were hacked on September 22 and that the threat actors may have had access to the data during the attack.

“JVCKENWOOD detected unauthorized access on September 22, 2021, to servers managed by some of the JVCKENWOOD Group sales companies in Europe. The possibility of information leakage by a third party performing unauthorized access was identified”, JVCKENWOOD announced in a press release.

“The specialized agency external to the company is carrying out a detailed investigation in collaboration with the relevant authorities. At this

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