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Gigabyte hit with ransomware attack by infamous RansomExx group

by All News Admin
August 7, 2021
in Tech News
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What simply occurred? Taiwanese producer Gigabyte was hit by a ransomware assault this week, and the group answerable for the incident is threatening to launch a treasure trove of 112 GB if the corporate does not pay up. The attackers did not handle to disrupt manufacturing, however that is the sixth Taiwanese firm they’ve attacked prior to now few years.

Ransomware assaults are solely getting worse, particularly once we’re speaking about large corporations and demanding infrastructure. Final 12 months, virtually half of all insurance coverage claims from large organizations have been associated to ransomware, with damages totaling over $20 billion. Pc makers like Acer have additionally change into prime targets as of late, with hackers demanding hundreds of thousands to provide a decryption key for vital recordsdata.

Earlier right now, Gigabyte, a well known producer of servers, laptops, screens, motherboards, and graphics playing cards, instructed Taiwan’s United Day by day Information that it was hit by a ransomware assault on Tuesday evening that did not impression manufacturing programs, because it focused a small variety of inner servers situated at its headquarters. The corporate says the servers have been restored from backup and introduced again on-line due to immediate motion from the safety group, however the incident is much from over.

As found by The File, the ransomware gang answerable for the assault is RansomExx, which claims to be in possession of a minimum of 112 gigabytes of information that features confidential communications with Intel, AMD, and American Megatrends, in addition to documentation that’s underneath NDA. The group is threatening to make every part public until Gigabyte is keen to pay up.

The corporate continues to be investigating how the breach occurred, however chances are high it began with a phishing electronic mail marketing campaign or stolen credentials purchased from an internet supply, as is often the case with these assaults.

This is not a primary for RansomExx, which used to function as “Defray” earlier than 2018 and has a historical past of attacking Taiwanese corporations like Garmin, Acer, Compal, Quanta, and AdvanTech. Over the past month, it additionally attacked Covid-19 vaccination reserving programs in Italy and Ecuador’s state-run telecom firm, CNT.



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Tags: AttackGigabyteGrouphitinfamousRansomExxRansomware
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