- On Feb. 3, 2023, MKS Instruments, Inc (NASDAQ:MKSI) became aware of a ransomware event and immediately took measures to contain the incident.
- MKS hired professionals to understand the impact of the attack.
- MKS is in the early stages of investigating and assessing this incident.
- The incident has affected specific business systems, including production-related systems.
- MKS has temporarily suspended operations at certain facilities.
- The full scope of this incident's costs and related impacts have not been determined.
- Also Read: T-Mobile Breach Put 37M Customers At Risk, Will Likely Book Significant Expenses
- Various companies, including Microsoft Corp (NASDAQ:MSFT), Okta Inc (NASDAQ: OKTA), Uber Technologies, Inc (NYSE: UBER) suffered data hacks that coincided with the pandemic when the whole world sought refuge to online activities for work, daily chores, and fun.
- Price Action: MKSI shares traded lower by 4.74% at $104.06 on the last check Monday.
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