Acer Victim of Ransomware Attack: $ 50 Million Ransom Demanded

With an increasing dependence on online servers, ransomware attacks against large companies became a nuisance. Last year, companies like Garmin and Canon suffered major ransomware attacks. Recently CD Projekt Red even suffered a ransomware attack.

Today, electronics giant Acer is claimed to possess suffered one among the most important ransomware attacks so far , with hackers demanding a ransom of fifty million.

This is the most important amount of ransom ever demanded during a cyber attack. The REvil ransomware gang reportedly announced the attack on Acer on its official data breach website. So, consistent with some images shared (attached below), the gang was ready to acquire documents concerning the Taiwanese company’s financial spreadsheets, bank balances, and banking communications. Acer didn’t admit to being the victim of a ransomware attack and said it reported recent abnormalities to enforcement and data protection authorities in some countries. In its response, Acer said that it regularly monitors its computer systems for such attacks.

In addition, it continues to enhance its cybersecurity defenses to guard the continuity of its business and therefore the integrity of its information After posing for clarification, the corporate added: An investigation is underway and for security reasons, we are unable to discuss the small print Now, as I discussed before, the ransom amount of this attack, which is 50,000,000, is that the largest so far . Previously, it had been 30 million, also demanded by REvil, in another similar attack.

Not An Attack To Be Taken Lightly

Now, consistent with a report, the ransomware gang recently launched an attack on a Microsoft Exchange server in Acer’s domain. Intel Advanced’s Andariel cyber espionage system detected that a specific REvil affiliate was looking to attack Microsoft Exchange, Vitali Kremez told BleepingComputers.

The ransomware gang even offered a 20% discount on the 50 million ransom amount if Acer paid the organization last Wednesday. In return, REvil would have provided a decryptor, a vulnerability report, and would even have deleted the stolen files from its directories.

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