AMD has started investigations on a potential data breach earlier this month after reports of company data being sold on the dark web.

The probe follows after BleepingComputer reported that the cybercriminal group "IntelBroker" claimed to possess AMD's data, including future products, employee details, and customer databases.

The supposed stolen data is currently being auctioned in the hacker forum site "BreachForums" along with several sample data from stolen company files.

"IntelBroker" has not named a starting price for the AMD data. This is the same group that previously tried to sell stolen company data from The Home Depot and even Europol.

In a statement to Bloomberg, AMD said it is already "working closely with law enforcement officials and a third-party hosting partner" to verify claims of a major data breach in the company.

Also Read: US Officials Confirm Russian Hackers Accessing Gov't Emails Via Microsoft Breach

How to Protect Personal Data from AMD Data Breach?

While AMD has yet to confirm that the cyberattack has affected customers, it is recommended to secure personal data and payment methods against future attacks.

One way is to contact all bank and credit card companies used during transactions with AMD to keep alert for potential log-in attempts into bank accounts.

Another recommended method is to enable multi-factor authentication systems for all important accounts linked to AMD purchases to prevent hackers from accessing more personal data.

Ransomware Attacks Surge After the Return of Hacker Forum Board

The surge in ransomware attacks among tech firms can be pointed to the return of the BreachForums and a promise to intensify cyberattack campaigns.

Last May, the cybercrime bazaar returned online with a new administrator just a few weeks after the Federal Bureau of Investigation seized "BreachForum" and arrested its previous operators. 

This is the second time BreachForums resurfaced since officials first cracked down on the site in 2022.

Similar to its first crackdown, the return of BreachForums easily attracted hackers looking for quick money from stolen company data, including the 560 million customer data stolen from Ticketmaster.

Related Article: Ticketmaster Hacked: 560 Million Customers' Data Being Sold Online