News and Updates on Information Technology

Taiwan- Quanta

Exploit: Ransomware

Qanta: Technology Manufacturing

cybersecurity news represented by agauge showing severe risk

Risk to Business: 1.661 = Severe

Apple supplier Qanta is dealing with a suspected ransomware incident. Quanta Computer is a manufacturer of many flagship Apple products, including its MacBook line. Russian hacker group REvil is the culprit. The gang says that it has had accessed confidential data from the Taiwan-based contract manufacturer’s servers. the data includes stolen blueprints for unreleased products, and the hackers are threatening to release more. data after posting samples on their hack site. The ransom demand is rumored to be in the tens of millions of dollars and the cybercriminals are demanding payment by May 1.

Individual Impact: No sensitive personal or financial information was announced as compromised in this incident, but the investigation is ongoing.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Cybercrime is around every corner, especially ransomware. Protecting sensitive data like schematics and blueprints is vital for components and technology manufacturers, especially for new products.