Hackers hit computer maker Acer with $50mn ransomware attack

Taiwanese electronics and computer maker Acer has been hit by a ransomware attack where the hackers are demanding $50 million, the largest known ransom to date.

According to Bleeping Computer, hackers have accessed Acer documents that include financial spreadsheets, bank balances and bank communications, reportedly compromising its network via a Microsoft Exchange server vulnerability that has grabbed headlines for the last few days.

“The REvil group that carried out a ransomware attack on Travelex last year is believed to be behind the Acer breach as well,” the report mentioned.

The ransomware gang has announced on their data leak site that “they had breached Acer and shared some images of allegedly stolen files as proof”.