Press Release
Ransomware assault costs $50 million on computer giant Acer
Revil ransomware has attacked computer company Acer, and the threat actors are requesting the $50,000,000,000 ransom, which is the highest known ransom to date.
Acer is a well-known Taiwanese manufacturer of computers, electronics, and monitors. About 7,000 people work for Acer, which had revenue of $7.8 billion in 2019.
The ransomware gang said yesterday that they have infiltrated Acer and posted some screenshots of purportedly stolen files as evidence on their data leak website.
These documents, which contain financial spreadsheets, bank balances, and bank correspondence, were exposed through the use of leaked photos.
In response to BleepingComputer’s queries, Acer said that they “reported recent odd situations” to pertinent LEAs and DPAs but did not give a clear statement as to whether they had been the victim of a REvil ransomware assault.
Below is a link to their full response:
“Acer regularly checks its IT infrastructure, and the majority of hacks are successfully thwarted. Companies like ours are frequently targeted, and we have recently witnessed strange circumstances that we have notified to the appropriate law enforcement and data protection agencies in several different countries.”
“To ensure company continuity and information integrity, we have been steadily improving our cybersecurity infrastructure. We strongly advise all businesses and organisations to follow cyber security best practises and guidelines and to keep an eye out for any unusual network behaviour.” – Acer.
Acer responded to queries for additional information by saying “there is an ongoing investigation and for the sake of security, we are unable to comment on details.”
Known highest ransom demand
Following the release of our article, LegMagIT’s Valery Marchive found the REvil ransomware sample that was utilised in the Acer assault and demanded a huge $50 million ransom.
Soon after, BleepingComputer discovered the sample and is able to corroborate that it is from the onslaught on Acer based on the ransom message and the victim’s chat with the attackers.
Beginning on March 14th, the victim began speaking with REvil, who displayed disbelief at the victim’s enormous $50 million demand.
The REvil representative offered a link to the Acer data leak page later on in the chat, which was still under wraps at the moment.
A 20% discount was also provided by the assailants if payment was completed by this past Wednesday. The ransomware group would deliver a decryptor, a vulnerability report, and the destruction of the files they had stolen in exchange.
The REvil operation once issued a mysterious warning to Acer, telling them “not not repeat the fate of the SolarWind.”
The previous greatest known ransom was the $30 million extortion from the Dairy Farm cyberattack, which was also perpetrated by REvil. REvil’s 50 million demand is the largest known ransom to date.
Possibly exploited Microsoft Exchange
According to Vitali Kremez of BleepingComputer, the Revil gang recently targeted a Microsoft Exchange server on the Acer domain, which Advanced Intel’s Andariel cyberintelligence technology was able to identify.
Kremez told BleepingComputer that “Advanced Intel’s Andariel cyberintelligence technology noticed that one specific REvil affiliate pursued Microsoft Exchange weaponization.”
Although they are a smaller operation with fewer victims, the threat actors behind the DearCry ransomware have already deployed their ransomware via the ProxyLogon vulnerability.
If the current Microsoft Exchange flaws were utilised by REvil to steal data or encrypt devices, it would mark the first time one of the ransomware operations that targets large-scale threats used this kind of attack.
Press Release
Russian processor manufacturers are prohibited from using ARM because of UK sanctions.
On Wednesday, the UK government expanded its list of sanctioned Russian organisations by 63. The two most significant chip manufacturers in Russia, Baikal Electronics and MCST (Moscow Center of SPARC Technologies), are among them.
Since the licensee, Arm Ltd., is situated in Cambridge, England, and must abide by the penalties, the two sanctioned firms will now be denied access to the ARM architecture.
contacting inactive entities
The UK government provided the following justification for the restrictive measures put in place against Baikal and MCST:
The clause’s goal is to persuade Russia to stop acting in a way that threatens Ukraine’s territorial integrity, sovereignty, or independence or that destabilises Ukraine.
The two companies are important to Russia’s ambitions to achieve technical independence since they are anticipated to step up and fill the gaps left by the absence of processors built by Western chip manufacturers like Intel and AMD.
The two currently available most cutting-edge processors are:
Eight ARM Cortex A57 cores running at 1.5 GHz and an ARM Mali-T628 GPU running at 750 MHz make up the 35 Watt Baikal BE-M1000 (28nm) processor.
MCST Elbrus-16S (28nm), a 16-core processor clocked at 2.0 GHz, is capable of 1.5 TFLOP calculations, which is a tenth of what an Xbox Series X can do. Baikal BE-S1000 (16nm), a 120 Watt processor featuring 48 ARM cores clocked at 2.0 GHz, MCST Elbrus-8C (28nm), a 70 Watt processor featuring eight cores clocked at 1.3 GHz,
Russian businesses and organisations that evaluated these chips in demanding applications claim that they fall short of industry standards and are even unacceptably priced.
Although the performance of these processors and the far poorer mid-tier and low-tier chips with the Baikal and MCST stickers is not very spectacular, they could keep some crucial components of the Russian IT sector operating amid shortages.
In reality, MCST recently bragged that it was “rushing to the rescue” of vital Russian enterprises and organisations, successfully filling the void left in the domestic market.
sanctions’ effects
Given that Russia has previously demonstrated its willingness to relax licencing requirements in order to mitigate the consequences of Western-imposed limitations, it is simple to discount the application and impact of the UK’s sanctions.
It is crucial to keep in mind that the Baikal and MCST processors are produced in foreign foundries, such as those owned by Samsung and TSMC, and that neither of them would violate Arm’s licencing policies or international law to serve Russian objectives.
The only option is to bring the production home and break the law as Baikal, which has a legitimate licence to produce at 16nm, only has a design licence for its next products.
The fact that chip fabrication in Russia can only now be done at the 90nm node level presents yet another significant issue. That was the same technology NVIDIA employed in 2006 for its GeForce 7000-series GPUs.
To combat this in April 2022, the Russian government has already approved an investment of 3.19 trillion rubles (38.2 billion USD), although increasing domestic production will take many years. In the best-case scenarios, 28nm circuits will be able to be produced by Russian foundries by 2030.
Press Release
Zuckerberg says Facebook is dealing with Spotify on a songs assimilation job codenamed Task Boombox (Salvador Rodriguez/CNBC).
Zuckerberg says Facebook is working with Spotify on a music integration project codenamed Project Boombox (Salvador Rodriguez/CNBC)
Salvador Rodriguez / CNBC:
Zuckerberg says Facebook is working with Spotify on a music integration project codenamed Project Boombox — – Facebook CEO Mark Zuckerberg on Monday announced that the company is building audio features where users can engage in real-time conversations with others.
Press Release
THE UNITIONS OF WEARABLE DEVICE SHIPMENTS FOR 2020 GREW 28.4% TO 444.7M UNITS, TEAHING FROM APPLE, WHICH GREW 27.2% IN Q4 AND HAS 36.2% MARKETSHARE, FOLLOWED BY XIAOMI AT *9% (IDC).
Wearable device shipments for 2020 grew 28.4% to 444.7M units globally, led by Apple which grew 27.2% in Q4 and has 36.2% marketshare, followed by Xiaomi at ~9% — Worldwide shipments of wearable devices reached 153.5 million in the fourth quarter of 2020 (4Q20), a year-over-year increase …
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