DooplePaymer Ransomware targets Foxconn Electronics


Foxconn, the offers electronics products from Taiwan has announced that it has become a victim to a ransomware attack and the hackers are demanding $34 million in bitcoins as ransom to free up the database from ransomware.

Highly placed sources say that the ransomware gang that hit Foxconn is suspected to be DopplePaymer, a hacking group that locks down the database until a ransom is paid. The said gang of cyber crooks is also known to target backup and disaster recovery systems stealing some sensitive information stored on them and later locking them down from access.

Bleeping Computer reported that the company suffered an attack on November 29th this year at its North American Facility in Mexico. And since the victim denied paying ransom, the stolen data was leaked on to the web.

The highlight of this attack saga is that the company’s files, backups and shadow copies were also infected by the malware making the recovery impossible.

However, based on the condition of anonymity, a source from Foxconn said that the company has an excellent Disaster Recovery plan in place and can come out of this disastrous situation within no time.

Foxconn, a parent company to Sharp Electronics and Belkin routers has already contacted the law enforcement and a security firm to investigate the incident deeply.

Note- Cybersecurity Insiders learnt that around 1200 Foxconn servers were reportedly disrupted in the attack and reports are in that over 100 gigabytes of data was stolen in the incident and over 20-30 terabytes of backed up data was also wiped out.

Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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