Apr. 9 at 10:36 PM
$ST Sensata announces ransomware incident
In a regulatory filing, Sensata disclosed that On April 6, the company experienced a ransomware incident that has encrypted certain devices in the company's network. Upon discovery, Sensata immediately activated its response protocols, implemented containment measures, including proactively taking its network offline, and launched an investigation with the assistance of third-party cybersecurity professionals. In coordination with legal counsel, the company has notified law enforcement about the matter and is supporting its investigation.
The incident has temporarily impacted Sensata's operations, including shipping, receiving, manufacturing production, and various other support functions. While the company has implemented interim measures to allow for the restoration of certain functions, the timeline for a full restoration is not yet known. The preliminary investigation has identified evidence that files were taken from the company's environment. The company is working to identify and review the files involved and will take additional actions as appropriate based on its review, including notifying individuals and regulatory authorities in accordance with applicable law.
As of April 9, Sensata does not expect this incident to have a material impact on the company's financial results and operations for the three months ended June 30, 2025; however, the full scope and impact of this incident is not yet known and could result in a future determination that the incident will be material to the company's financial statements and results of operations.
For the three months ended March 31, 2025, the company expects revenue, adjusted operating income, adjusted net income, and adjusted earnings per share to be within or to slightly exceed the guidance ranges previously provided in its press release dated February 11, 2025.
