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Volvo Cars says it’s investigating R&D data theft

FILE PHOTO: An employee at Volvo car dealership, wearing a protective mask is seen in a showroom, in Brussels, Belgium
FILE PHOTO: An employee at a Volvo car dealership, wearing a protective mask is seen in a showroom, in Brussels, Belgium, May 28, 2020. REUTERS/Yves Herman/File Photo

December 10, 2021

STOCKHOLM (Reuters) – Volvo Cars on Friday said it had opened an investigation into the theft of some research and development data that could affect the company’s operations.

“Investigations to date confirm that a limited amount of the company’s R&D assets were stolen during the break-in,” the Swedish automaker said in a statement.

It added that “there could be an impact on the company’s operations”, but did not specify what that might be.

Volvo says it has not noticed an impact on customers’ car security or their personal data.

(Reporting by Helena Soderpalm; Editing by Simon Johnson)

https://www.oann.com/volvo-cars-says-investigating-theft-of-rd-data/?utm_source=rss&utm_medium=rss&utm_campaign=volvo-cars-says-investigating-theft-of-rd-data Volvo Cars says it’s investigating R&D data theft

Bobby Allyn

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