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Guru3D.com » News » Acer Hit by Ransomware - Hackers Want $50M

Acer Hit by Ransomware - Hackers Want $50M

by Hilbert Hagedoorn on: 03/29/2021 08:49 AM | source: bleeping computer via myce | 33 comment(s)
Acer Hit by Ransomware - Hackers Want $50M

Acer fell victim to the REvil ransomware group responsible for the attack of several other companies over the past months, reported Bleeping Computer. The attackers are demanding $50 million from the company.

The ransomware gang was able to enter the company’s system and stole important files from the company. To prove the legitimacy of its demands, the group leaked some of the information on its “Happy Blog.”

Some of the sensitive info released by the gang includes bank balances and communications, and financial spreadsheets. In a statement, the tech giant said that big companies such as itself are often being attacked by malicious actors. To protect from such actions, “Acer routinely monitors its IT systems, and most cyberattacks are well defensed.”

The firm also revealed that it has filed reports regarding “abnormal situations observed to the relevant law enforcement and data protection authorities in multiples countries.”

Regarding its actions to address the current situation, Acer said, “We have been continuously enhancing our cybersecurity infrastructure to protect business continuity and our information integrity.”

The company added that it is currently investigating the matter, which prevents it from disclosing more details. The ransom demand is considered the highest by the gang, which ordered the payment in Monero. The approximate amount of $50 million is equal to around XMR 214,151 in the said cryptocurrency. The former highest ransom is $30 million demanded by REvil from Dairy Farm.

The Microsoft Connection
Bleeping Computer also revealed that the group attacked a Microsoft Exchange server associated with Acer. According to cybersecurity expert Vitali Kremez, “Advanced Intel’s Andariel cyberintelligence system detected that one particular REvil affiliate pursued Microsoft Exchange weaponization.”

Bleeping Computer noted that the DearCry ransomware has also exploited the ProxyLogin bug in Microsoft Exchange. However, this group’s attack is smaller in scale compared to REvil. The cybersecurity-focused outlet also remarked, “Of REvil did exploit the recent Microsoft Exchange vulnerabilities to steal data or encrypt devices, it would be the first time one of the big game-hunting ransomware operations used this attack vector.”

SC Magazine and Bleeping Computer attempted to contact the company but it refused to answer. It also did not provide verifications that the attack was possible through a vulnerability in the Microsoft Exchange servers. Meanwhile, the company recommended that other organizations assess their ransomware risk to minimize any avenues for malicious actors to attack.







« Steam Best Selling Games for 2021 march 29 2021 · Acer Hit by Ransomware - Hackers Want $50M · ASRock Rack B550 Motherboard B550D4ID-2L2T Uses Deep Mini-ITX Form Factor »

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cucaulay malkin
Senior Member



Posts: 7405
Joined: 2020-08-03

#5900176 Posted on: 03/29/2021 09:26 AM
crime rate is through the roof cause of bitcoin

Silva
Senior Member



Posts: 1970
Joined: 2013-06-04

#5900229 Posted on: 03/29/2021 12:53 PM
As things are going, your best practice as a company is having the sensible stuff on a private internal network not connected to the internet.
When you want to exchange information, do it through a private channel: even if it's compromised, not everything will be.

Brit90
Senior Member



Posts: 124
Joined: 2016-11-08

#5900237 Posted on: 03/29/2021 01:24 PM
crime rate is through the roof cause of bitcoin


Yes, 100% - We have never had crime before Bitcoin was invented! All them Scams that have never gone on before. Shame on Bitcoin...

cucaulay malkin
Senior Member



Posts: 7405
Joined: 2020-08-03

#5900239 Posted on: 03/29/2021 01:32 PM
Yes, 100% - We have never had crime before Bitcoin was invented! All them Scams that have never gone on before. Shame on Bitcoin...

not what said.I said the number of such attacks is up.

reix2x
Senior Member



Posts: 653
Joined: 2010-01-20

#5900278 Posted on: 03/29/2021 03:33 PM
not what said.I said the number of such attacks is up.


I think the cibercrime has existed since the early days, in the same amount, the thing is that now it have much more visibility. We could think that criptos has helped it, but criminals has been able to "clean" old dirty dolars through bank accounts since the old days.

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