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AMD suffered a major data breach and AMD stock price took a hit

Recently, semiconductor giant AMD suffered a serious data breach. A hacker calling himself IntelBroker has attracted a lot of attention in the industry by publicly selling internal data stolen from AMD on the dark web BreachForums. This data includes sensitive information such as customer databases, upcoming product specifications and plans, internal financial data, source code, firmware and ROM, and employee information.

 

 AMD suffered a major data breach and AMD stock price took a hit.jpg

AMD Quickly Responded With An Investigation

AMD said it is working closely with law enforcement and third-party hosting partners to fully investigate the incident and the significance of the data. "We are aware of claims by cybercriminal organizations to have stolen AMD data, and we are working closely with law enforcement officials and third-party hosting partners to investigate this claim and the significance of the data," AMD stressed in a statement.

 

IntelBroker's Hacking History

IntelBroker is notorious in hacking circles and has previously been known for breaking into several high-profile targets. From Europol to the Pentagon's partners, IntelBroker's attacks are wide-ranging and sophisticated. The AMD data breach once again pushed IntelBroker to the forefront.

 

Potential Impact Of Data Breach

The leaked data is undoubtedly a major blow to AMD. Leaks of internal financial data and upcoming product information could attract the attention of competitors and market analysts, thereby affecting AMD's market position. At the same time, the disclosure of employee information may also lead to a series of security problems, such as phishing, fraud and so on.

 

AMD's Response

In response to this incident, AMD's IT team is urgently reviewing the system logs to determine the specific route and scope of the intrusion. Police around the world have also targeted BreachForums and its users in an attempt to hunt down cybercriminals. AMD said it will spare no effort to protect the security of its data and take all necessary measures to respond to the incident.

 

Market Reaction

AMD shares fell 2.4 percent in New York trading after the incident. Despite the overall rise in semiconductor industry stock prices, this incident clearly had a certain impact on AMD's market confidence. As the world's second largest PC processor manufacturer, AMD's response to this incident and the results of the investigation will directly affect its future market performance and reputation.

 

Conclusion

The AMD data breach once again reminds us that the importance of cybersecurity cannot be ignored. With the advent of the digital age, protecting corporate data security and preventing cyber attacks has become a challenge that every enterprise must face. How AMD responds to this crisis will have a profound impact on its future development. At the same time, this also provides an important lesson for other enterprises: in today's increasingly rampant cyber crime, it is urgent to strengthen network security protection.

 

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