Ransom! WOOSHIN SAFETY SYSTEMS CO LTD (OCT-2026)

Ransom! WOOSHIN SAFETY SYSTEMS CO LTD (OCT-2026)
WOOSHIN SAFETY SYSTEMS CO LTD (KR) reported a ransomware incident attributed to the threat actor “thegentlemen,” impacting its wooshinsys.co.kr and related online assets. The claim indicates disruption to operations and services in South Korea. #SouthKorea

Incident Details

Information

  • Global car-body automation specialist building robotic welding assembly lines for more than 40 automakers, including GM, Ford, Stellantis, Volvo, Hyundai/Kia, Rivian, and Tata.
  • The only company in the world that also builds EV battery module and pack assembly lines, giving it a unique position as carmakers merge body and battery production.
  • Also manufactures auto parts, including body doors, seat belts, and interiors.
  • Seat-belt order backlog is around KRW 2 trillion, with projects tied to models such as the Ford F-150, GM Silverado EV, and Stellantis Jeep Compass.
  • Financial performance is cyclical, with record 2024 revenue of KRW 563.6 billion and operating profit of KRW 36.1 billion.
  • 2025 revenue fell 31% to KRW 388.6 billion due to fewer automation orders.
  • Q1–Q2 2026 posted operating losses as orders declined, though analysts expect a recovery in 2026–27 to roughly KRW 451–543 billion in revenue.

Disclaimer: This post is based on public claims made by the ransomware group "thegentlemen". I cannot confirm the accuracy of the information. However, I would be happy to share any official statement from the affected organization to provide clarification.

monitored by: ransomware.live