AMD acknowledges that data was stolen in a hack, but claims no important information was leaked and there is no significant impact to its business
AMD, which has been investigating the issue of data allegedly stolen from AMD being traded on hacking forums, has acknowledged the existence of the hacking incident and announced that there is 'no significant impact to our business.'
AMD Hack Won't Have a Material Impact on Business, Company Says - Bloomberg
AMD provides update on data breach — says it won't 'have a material impact' on business | Tom's Hardware
https://www.tomshardware.com/pc-components/gpus/amd-provides-update-on-data-breach-says-it-wont-have-a-material-impact-on-business
The issue was first reported by the hackers themselves. On June 18, 2024, a cybercriminal calling himself IntelBroker posted on the hacking forum 'BreachForums' claiming that he had broken into AMD's systems and stolen technical specifications, product details, and records of internal communications purportedly obtained from AMD's secure servers, and solicited buyers for the data.
Following reports that confidential information leaked from AMD was being traded in the cybercriminal community, the company issued a statement saying it would investigate the matter.
A hacker appears and AMD launches investigation into 'AMD's unreleased CPU information and confidential data including customer data being sold' - GIGAZINE
AMD subsequently released a statement via foreign media outlet Bloomberg on June 19, saying, 'While we have determined that hackers exfiltrated limited information in the recent cyber attack, the intrusion will not have a material impact on our operations.'
AMD's investigation revealed that limited information about the specifications used to assemble certain AMD products was leaked via a third-party vendor's website, but it did not disclose which products were specifically targeted.
AMD did not directly deny the hackers' claims that the leaked data included customer and employee information, but the statement was seen as an acknowledgement of the hack while indicating that highly sensitive data was safe.
'We expect that no details of customers or employees have been leaked based on this statement,' said Tom's Hardware, a technology news site. 'Samples of the stolen data shared on BreachForums showed some of AMD's internal systems and screenshots of them, but this may be limited data on the assembly specifications mentioned by AMD.'
According to Tom's Hardware, Intelbroker, who hacked AMD, has a criminal history of infiltrating the network of Los Angeles International Airport and harming several U.S. government agencies. This time, Intelbroker tried to sell the stolen data for money, but it has been pointed out that previous hacks have had motives other than money, such as disrupting critical infrastructure to achieve geopolitical goals.
Bloomberg said, 'AMD is Nvidia's closest rival in the race to develop advanced AI accelerators, making its technical know-how and proprietary information a key target,' suggesting that AMD was targeted for political reasons.
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in Security, Posted by log1l_ks