FlipChip Targeted by Conti Ransomware Group

Company Overview

FlipChip specializes in flip chip, WLCSP, and Cu Pillar bumping services, as well as wafer probe test, wafer-dicing, inspection, and placement services. The company's mission is to innovate, create, and enable wafer level services of the future, with a focus on health and safety.

Industry Standout

FlipChip is one of the largest bumping and wafer level service providers in North America, demonstrating its significant presence and influence in the media and internet sector.

Vulnerabilities

The Conti ransomware group's attack on FlipChip highlights the company's vulnerability to cyber threats. Despite the advancements in technology and the increasing awareness of cybersecurity risks, many companies still struggle to protect their digital assets. The attack on FlipChip underscores the need for robust cybersecurity measures to safeguard against such threats.

The Conti ransomware group's attack on FlipChip serves as a reminder of the ongoing threat posed by cybercriminals. As the digital landscape continues to evolve, it is crucial for companies to stay vigilant and invest in robust cybersecurity measures to protect their assets and maintain the trust of their customers.

Sources

• FlipChip Website: https://flipchip.com/
• EYL Partners: https://www.eylpartners.com
• TSMC Annual Report 2018: https://investor.tsmc.com/sites/ir/annual-report/2018/e_all_5.pdf
• Ransomware Posts: https://privtools.github.io/ransomposts/
• European Commission Multi-Annual Strategic Plan: https://ec.europa.eu/research/participants/data/ref/h2020/other/legal/jtis/ecsel-multi-stratplan-2020_en.pdf