Foxconn electronics giant hit by ransomware, $34 million ransom


Foxconn electronics giant suffered a ransomware attack at a Mexican facility over the Thanksgiving weekend, where attackers stole unencrypted files before encrypting devices.

Foxconn is the largest electronics manufacturing company globally, with recorded revenue of $172 billion in 2019 and over 800,000 employees worldwide. Foxconn subsidiaries include Sharp Corporation, Innolux, FIH Mobile, and Belkin.

BleepingComputer has been tracking a rumored Foxconn ransomware attack that occurred over the Thanksgiving weekend.

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Source: Bleeping Computer