Acer Reportedly Hit With $50M Ransomware Attack, Says Companies Like It ‘Are Constantly Under Attack’ – Gizmodo3 min read

https://gizmodo.com/acer-reportedly-hit-with-50m-ransomware-attack-says-c-1846520400

Acer has actually apparently been struck with a $50 million ransomware attack, the biggest attempted ransom to date.Photo: Sam YEH/ AFP (Getty Images)Acer has supposedly become the victim of a massive ransomware attack, in which hackers are requesting for $50 million to release the companys stolen data, Bleeping Computer reported on Friday. However, the company has not publicly confirmed the attack, vaguely specifying that, “business like us are constantly under attack.”According to Bleeping Computer, the attack was performed by the REvil hacker group, which announced on its data leak site that it had breached Acer. As evidence, the group shared images of the supposed files they had actually taken, that include financial spreadsheets, bank balances, and bank interactions. If true, this would be the biggest attempted ransom ever demanded. In 2020, the greatest tried ransom to date was $30 million, ZDNet reported. REvil is the same group connected to the Travelex attack in 2020. Reports from that time mentioned the group had asked for a $6 million ransom. In the end, the company allegedly paid the REvil group roughly $2.3 million worth of bitcoin.Gizmodo connected to Acer to ask and verify the report for comment. The company did not acknowledge whether it had been the victim of an attack. It did acknowledge that it had actually reported recent “abnormal scenarios” to authorities.”Acer routinely monitors its IT systems, and many cyberattacks are well defensed. Business like us are continuously under attack, and we have actually reported current abnormal circumstances observed to the relevant police and data protection authorities in numerous countries,” Acer stated. “We have been continuously enhancing our cybersecurity facilities to safeguard organization continuity and our details integrity.”G/O Media may get a commissionAcer included that it urged companies and business to stick to cybersecurity finest practices and to “be watchful to any network activity irregularities.” Bleeping Computer reported that it, along with the French outlet LeMagIT, found the ransomware sample REvil utilized in the Acer attack. The outlet also examined the ransom note and the victims discussion with the hackers, which Bleeping Computer states verify the attack was on Acer. Hackers have actually apparently given Acer up until March 28 to pay the ransom. Some professionals informed the outlet that the breach might be connected to a Microsoft Exchange server on Acers domain, which the REvil hackers recently targeted. Its not clear whether the hackers exploited the Microsoft Exchange security vulnerabilities revealed previously this month, which early estimates state have jeopardized around 30,000 U.S. organizations. Nevertheless, the number of entities compromised worldwide could be much bigger, with some reports mentioning that there are at least 60,000 understood victims around the world.

Acer has apparently been hit with a $50 million ransomware attack, the largest tried ransom to date.Photo: Sam YEH/ AFP (Getty Images)Acer has purportedly end up being the victim of a massive ransomware attack, in which hackers are asking for $50 million to release the companys stolen information, Bleeping Computer reported on Friday. The company has not publicly validated the attack, slightly stating that, “companies like us are constantly under attack. Companies like us are continuously under attack, and we have reported current unusual circumstances observed to the relevant law enforcement and information security authorities in multiple countries,” Acer stated. Bleeping Computer reported that it, as well as the French outlet LeMagIT, discovered the ransomware sample REvil used in the Acer attack.

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