Nasdaq-listed U.S. laser company IP Photonics Corp. has been hit by a ransomware attack that shut down saw its information technology systems worldwide.

First reported Friday by Bleeping Computer, the ransomware attack involved the RansomExx strain of ransomware, sometimes also dubbed Ransom X.

RansomExx was first detected in July when Japanese technology company Konica Minolta Inc. was attacked and its services knocked offline for about a week. RansomExx is believed to be a newer version of a previous form of ransomware called Defray777.

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