Security News > 2020 > November > Belden networking giant's company data stolen in cyberattack
Network device manufacturer Belden was hit with a cyberattack that allowed threat actors to steal files containing information about employees and business partners.
In a 'Data Incident' disclosure, Belden states that they recently suffered a cyberattack that allowed hackers to steal company data.
"Belden Inc., a leading global supplier of specialty networking solutions, today announced that it has taken decisive measures to investigate and address a data incident involving unauthorized access and copying of some current and former employee data, as well as limited company information regarding some business partners," Belden announced.
Belden has not provided details on the cyberattack but the phrase "Sophisticated attack" is now routinely used by lawyers to describe a ransomware attack when drafting disclosure notices.
The threat of publishing stolen files on ransomware data leak sites and data loss due to encrypted is used as a double-extortion strategy to force victims to pay a ransom.