Ingram Micro, a tech and electronics distribution giant, said it has been hit by a ransomware cyberattack.
The Irvine-based company (NYSE: INGM) on July 5 first reported the attack, which knocked out much of its network. The company said it was “working diligently to restore the affected systems.”
“The outage is reportedly affecting software licensing, preventing Ingram Micro’s customers from using or provisioning some products that rely on Ingram’s systems,” tech website TechCrunch said today.
An Ingram spokesperson told the Business Journal today the company’s July 5 news release serves as its statement and “I’ll let you know when we have updates.”
Shares in Ingram Micro closed down 7.5% at $20.20 apiece for a market cap of $4.7 billion.
For further details on Ingram Micro’s future plans, see the July 7th print edition.
