Acer reportedly hit by $ 50 million ransomware attack

The REvil ransom gang is demanding $ 50 million from Taiwanese computer maker Acer, according to Taiwanese computer maker Acer. Bleeping Computer, The record and other resources, and it may have used a Microsoft Exchange vulnerability to gain access to the company’s network. This is one of the biggest – if not the biggest – ransomware claims to date, probably because Acer is a massive business that reported nearly $ 3 billion in earnings in the fourth quarter of 2020.

The group, which was also behind the $ 6 million attack on Travelex last year, announced that it had breached Acer on a dark web portal earlier this week, and even posted it with a few images to prove it. This apparently gives the company up to Marc 28th to pay before he goes to leak the data he stole on the web. In a conversation between REvil and an Acer rep Bleeping Computer see, the hackers offered the company a 20 percent discount if payment was made this past Wednesday.

When asked about the situation, Acer would not admit that it was a ransomware attack, but only told Bleeping Computer in a statement that it ‘reported recent abnormal situations observed to the relevant law enforcement and data protection authorities in various countries’. It was Advanced Intel’s Andariel cyber intelligence platform that linked the security breach to a Microsoft Exchange vulnerability. If you remember, Microsoft recently released patches for four Exchange vulnerabilities that were used by bad actors. It is believed that Chinese state support was behind most of the attacks with the Exchange flaws, but other groups may have also benefited.

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