The Massachusetts-based firm, which serves industries such as automotive, aerospace, and manufacturing, reported temporary setbacks in shipping, receiving, and production activities. Although interim solutions have been implemented to partially restore functions, Sensata has yet to determine when full operations will resume.
Additionally, the company acknowledged that some data was exfiltrated during the breach and has begun assessing which files were affected. Sensata has committed to notifying impacted individuals and regulatory authorities in compliance with legal requirements.
Despite the incident, Sensata currently does not expect a significant financial impact for the quarter ending March 31. Revenue is still projected to fall within or slightly above previous estimates of $870 to $890 million. However, the company cautioned that a reassessment could occur as the investigation continues.
Law enforcement has been notified, and Sensata is collaborating with cybersecurity experts to uncover the full scope of the breach. The identity of the ransomware group and whether a ransom was demanded remains unknown.
Founded in 2006 after a $3 billion acquisition by Bain Capital, Sensata generated $3.9 billion in revenue in 2024.
Source: Cybersecurity Dive
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