Acer reportedly hit by $50 million ransomware assault | Engadget

The REvil ransomware gang is demanding $50 million from Taiwanese pc producer Acer, based on Bleeping Computer, The Record and different sources, and it could have exploited a Microsoft Exchange vulnerability to achieve entry into the corporate’s community. That is one of many largest — if not the most important — ransomware calls for so far, probably made as a result of Acer is a large company that reported nearly $3 billion in earnings for the fourth quarter of 2020. 

The group, which was additionally behind the $6 million ransomware attack on Travelex final yr, introduced that it had breached Acer on a darkish internet portal earlier this week, even posting it with some pictures for proof. It is apparently giving the corporate till Marc twenty eighth to pay up earlier than leaking the information it stole on the internet. In a dialog between REvil and an Acer rep that Bleeping Laptop noticed, the hackers provided the corporate a 20 p.c low cost if fee was made this previous Wednesday. 

When requested concerning the state of affairs, Acer would not admit that it was a ransomware assault, solely telling Bleeping Laptop in a press release that it has “reported current irregular conditions noticed to the related legislation enforcement and information safety authorities in a number of nations.” It was Superior Intel’s Andariel cyberintelligence platform that tied the safety breach to a Microsoft Change vulnerability. Should you’ll recall, Microsoft not too long ago released patches for 4 Change vulnerabilities that unhealthy actors have been exploiting. It is believed {that a} Chinese language state-sponsored was behind many of the assaults involving the Change flaws, however different teams might have additionally taken benefit.  

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