Volvo Cars Data Breach Results in Theft of Proprietary Information

A Volvo Cars data breach has been disclosed by the company itself, announcing in a post on the 10th of December that a limited amount of the R&D property was subject to theft.

Volvo Cars has 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. Volvo Cars has earlier today concluded, based on information available, that there may be an impact on the company’s operation.

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In the same post, the company informs that security countermeasures were implemented right after the unauthorized access was identified, this means measures that will block further malicious access to its data being achieved and the company also stated that the corresponding authorities were informed about this topic.

The company is leading a personal investigation at the moment and was joined by third-party specialists who support the analysis of the property theft. According to Volvo, there are no safety risks for the moment for the customers related to their private data or the cars they own.

Volvo Cars is conducting its own investigation and working with third-party specialist to

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