IPG Photonics high-performance laser developer hit with ransomware

From securityaffairs.co

IPG Photonics manufactures high-performance fiber lasers, amplifiers, and laser systems for diverse applications and industries.

The company was founded in 1990 in Russia by physicist Valentin Gapontsev, it employs over 4,000 people and has a $1.3 billion revenue in 2019.

The laser systems designed by the company were part of the U.S. Navy’s arsenal.

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