George Santos, a former US representative, has pleaded guilty to fraud and identity theft, leading to his expulsion from Congress and possible prison time.
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The American semiconductor manufacturer Microchip Technology became the victim of a cyber attack, which significantly reduced the efficiency of its production facilities. As a result of the incident, the company’s orders may be fulfilled with delays.
Microchip Technology, an American company specializing in the production of microcontrollers, mixed-signal, analog and Flash-IP integrated circuits, reported that its information systems were subjected to a cyber attack. Suspicious activity has been identified and the company has taken steps to assess, locate and eliminate the unauthorized activity. On August 19, it was confirmed that unknown attackers had disrupted several of the company’s servers and business operations. Due to this, part of the production facilities works with a reduced load, which may affect the fulfillment of orders.
The company is currently continuing its investigation, trying to establish the nature and scope of the cyber attack. Microchip Technology is a leading US semiconductor manufacturer and supplier to the defense industry. Despite the incident, the company’s shares have remained relatively stable, hovering around the $80 mark for the past five days. However, since the beginning of the year, their value has decreased by 7.2%.
Microchip Technology makes every effort to restore the operation of its systems and minimize the consequences of a cyber attack. The company is working with external cybersecurity consultants to return to normal operations.
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