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Acer reportedly hit by $50 million ransomware attack – Engadget

The REvil ransomware gang is demanding $50 million from Taiwanese computer manufacturer Acer, according to Bleeping Computer, The Record and other sources, and…

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The REvil ransomware gang is demanding $50 million from Taiwanese computer manufacturer Acer, according to Bleeping Computer, The Record and other sources, and it may have exploited a Microsoft Exchange vulnerability to gain entry into the company’s network. That’s one of the largest if not the largest ransomware demands to date, likely made because Acer is a massive corporation that reported almost $3 billion in earnings for the fourth quarter of 2020. 
The group, which was also behind the $6 million…

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