Computer giant Acer was hit by a ransomware attack, where the group demands $50 million to not leak Acer’s data on the dark web.
Computer giant Acer was hit by a ransomware attack, where the group demands $50 million to not leak Acer’s data on the dark web.
Acer is a Taiwanese multinational company well known for products including desktops, laptops and monitors. Acer employees around 7,000 employees and earned $7.8 billion in 2019.
Ransomware gang announced yesterday on their data leak site that they have breached Acer and shared some images of allegedly stolen files as proof.
The leaked images include financial spreadsheets, bank balanced and bank communications.
On Friday morning, the company responded with a statement.
“Acer routinely monitors its IT systems, and most cyberattacks are well defensed. Companies like us are constantly under attack, and we have reported recent abnormal situations observed to the relevant law enforcement and data protection authorities in multiple countries," the statement read.
"We have been continuously enhancing our cybersecurity infrastructure to protect business continuity and our information integrity. We urge all companies and organizations to adhere to cybersecurity disciplines and best practices and be vigilant to any network activity abnormalities."
“REvil ransomware sample used in the Acer attack that demanded a whopping $50 million ransom,” reported BleepingComputer.
BleepingComputer found a sample based on the ransom note and the victim’s conversation with the attackers.
The conversation started on March 14th, and the Acer representative showed shock at the massive $50 million demand.
Later in the chat, the REvil representative shared a link to the Acer data leak page, which was secret at the time.
The attacker also offered a 20% discount if payment was made by this past Wednesday. In return, the ransomware gang would give a decryptor, a vulnerability report, and the deletion of stolen files.
REvil's 50 million demand is an enormous known ransom to date, with the previous being the $30 million ransom.
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