Sensata Technologies was struck by a ransomware attack earlier this week that disrupted several of the company's operations, according to a regulatory filing.
Sensata disclosed that a ransomware attack on Sunday encrypted certain devices on the network. The Attleboro, Mass.-based company specializes in sensors, controls and other industrial technology for the automotive, aerospace and manufacturing sectors.
"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," Sensata said in the SEC filing.
The company confirmed that certain files were removed from its network. "The company is working to identify the files and will notify affected individuals and regulators in accordance with applicable laws. Sensata said it does not currently expect the attack to have a material impact on the company’s financial results for the current quarter. Sensata noted, however, it has not yet determined the full scope and impact of the attack, and the materiality determination could change.
For the quarter that ended March 31, the company expects earnings and revenue to fall within or slightly above the range provided in early February. Previous guidance called for revenue of $870 million to $890 million for the quarter.
Sensata said it notified law enforcement of the attack and is working with third-party cybersecurity professionals to investigate the incident.
It's unclear which ransomware variant infected Sensata’s systems or if the company received a ransom demand. Sensata was not immediately available for comment.
The company was formed in 2006 when Bain Capital acquired the sensors and controls division of Texas Instruments for $3 billion and relaunched the division as Sensata Technologies. The company reported $3.9 billion in revenue for 2024.
