Computer giant Acer hit by $50 million ransomware attack

Gandalf_The_Grey

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Computer giant Acer has been hit by a REvil ransomware attack where the threat actors are demanding the largest known ransom to date, $50,000,000.

Acer is a Taiwanese electronics and computer maker well-known for laptops, desktops, and monitors. Acer employs approximately 7,000 employees and earned $7.8 billion in 2019.

Yesterday, the ransomware gang announced on their data leak site that they had breached Acer and shared some images of allegedly stolen files as proof.

These leaked images are for documents that include financial spreadsheets, bank balances, and bank communications.

In response to BleepingComputer's inquiries, Acer did not provide a clear answer regarding whether they suffered a REvil ransomware attack, saying instead that they "reported recent abnormal situations" to relevant LEAs and DPAs.

You can read their complete response below:
"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."
"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 cyber security disciplines and best practices, and be vigilant to any network activity abnormalities." - Acer.
In requests for further details, Acer said "there is an ongoing investigation and for the sake of security, we are unable to comment on details."