Volvo Cars suffered a cyberattack on some of its research and development property, the Chine-owned Swedish company said in a press release on 10 December.
“Volvo Cars have become aware that one of its file repositories has been illegally accessed by a third party. Investigations so far confirm that a limited amount of the company’s R&D property has been stolen during the intrusion,” the manufacturer said.
“Volvo Cars have earlier today (10 December) concluded, based on information available, that there may be an impact on the company’s operation,” the company noted.
“After detecting the unauthorized access, the company immediately implemented security countermeasures including steps to prevent further access to its property and notified relevant authorities.
Volvo Cars are conducting its own investigation and working with third-party specialists to investigate the property theft. The company does not see, with currently available information, that this has an impact on the safety or security of its customers’ cars or their personal data”, Volvo Cars concluded.