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Tower Semi: 'all sites up and running following cyber attack'

Tower Semiconductor says that all of its manufacturing sites are operational, and targeting full capability within the next few days, following the recovery from the cyber event a few days ago.

It was on September 6 that the company's IT security systems identified a security incident within some of its systems as a result of a cyber attack. As a preventive measure, the company halted certain of its servers and proactively held operations in some of its manufacturing facilities. "Due to immediate and effective procedures, Tower is confident of the functional quality of the work in progress and production line inventories, with Company and customer data remaining protected. Due to the manufacturing disruption, the Company expects some level of impact to its third quarter results," the company writes in a short update.

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