$50 Million Ransom Demand Largest Ever

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In what is being reported as the largest ransom demand ever, Taiwanese electronics and computer manufacturer Acer has reportedly been hit with a ransomware attack by REvil, which is demanding a ransom of $50 million for the destruction of leaked documents.

REvil posted images of Acer documents on its website, including financial and bank information, to prove it has exfiltrated data. In exchange for payment of the outrageous ransom request, REvil stated that it would provide a decryptor, a vulnerability report, and proof of deletion of the stolen files.

Acer has stated that there is an ongoing investigation and that it has notified appropriate authorities.

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