MKS Instruments Slides As Hit By Cyber Attack; Temporarily Suspends Some Operations

  • On Feb. 3, 2023, MKS Instruments, Inc 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 ReadT-Mobile Breach Put 37M Customers At Risk, Will Likely Book Significant Expenses
  • Various companies, including  Microsoft Corp MSFTOkta 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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