- LG Energy Solution suffered ransomware at overseas facility, now restored and under investigation
- Akira reports the theft of 1.7 TB of data, including employee records and corporate documents
- If true, stolen data could fuel phishing or be sold for significant profits
LG Energy Solution, a South Korean battery company and a subsidiary of LG, confirmed that it recently suffered a ransomware attack.
In a statement shared with The recordA company spokesperson said the attackers targeted a specific facility and that the attack has since been mitigated.
“The attack targeted a specific overseas facility and we have confirmed that the headquarters and other facilities were not affected,” the spokesperson said. “The affected facility is now operating normally after recovery measures were taken and we are conducting security operations and investigations as a precaution.”
Akira takes the blame
The company has facilities on several continents, including eight in North America.
LG Energy Solution is a South Korean company that specializes in the design and manufacturing of advanced lithium-ion batteries for electric vehicles (EV), energy storage systems (ESS), and consumer electronics. In 2024, it will earn more than $17 billion, the publication added. No further comments were shared about the attack.
At the same time, the infamous threat actors called Akira added LG Energy Solution to their data leak website, saying that they stole approximately 1.7 terabytes of data.
“We will soon be uploading almost 1.67 TB of corporate documents and 46 GB of SQL databases,” the listing apparently said. “A lot of personal information about employees (visas,
US and Korean passports, medical documents, Korean ID cards, addresses, telephone numbers, emails, etc.), confidential projects, confidentiality agreements, confidentiality agreements, detailed financials, information about clients and partners, many contracts, etc.
Since LG Energy Solution is currently investigating the attack, it is not yet possible to confirm or deny these claims. However, if they are true, then Akira has a lot of information that is worth a lot of money on the black market. In theory, you could sell it for hundreds of thousands of dollars, possibly even millions. Alternatively, if the database contains email addresses, they could also be used to launch devastating phishing attacks.
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