Taiwanese electronics leader Foxconn becomes a victim of ransomware; attackers demand $34 million

Tiziana Piatos  - Streaming Reporter
Last updated: November 2, 2023
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Foxconn ransomware DoppelPaymer
  • Foxconn, the largest global electronics manufacturer, comes across a massive ransomware attack on the Mexican facilities.
  • At first, the company kept the cyberattack hidden, but the initial stolen data has now been revealed.
  • The attackers’ group named ‘DoppelPaymer’ are demanding a ransom of approximately $34 million in Bitcoins.

Foxconn is one of the largest electronics manufacturers globally. The company has contracts with tech giants like Apple, Microsoft, Sony, Amazon, Nintendo, Huawei, Nokia, Cisco, Intel, Dell, HP, and many more.

The multinational electronics deity recently went through a colossal ransomware attack at its North American Foxconn CTBG MX facility in Ciudad Juárez, Mexico. Reportedly, the attackers had stolen some unencrypted files before breaching the devices.