U.S. markets close in 1 hour 40 minutes
  • S&P 500

    4,126.27
    -19.95 (-0.48%)
     
  • Dow 30

    33,820.64
    -209.05 (-0.61%)
     
  • Nasdaq

    12,080.85
    -85.42 (-0.70%)
     
  • Russell 2000

    1,772.49
    -24.19 (-1.35%)
     
  • Crude Oil

    82.44
    +0.28 (+0.34%)
     
  • Gold

    2,017.50
    -37.80 (-1.84%)
     
  • Silver

    25.46
    -0.47 (-1.79%)
     
  • EUR/USD

    1.0995
    -0.0053 (-0.48%)
     
  • 10-Yr Bond

    3.5260
    +0.0740 (+2.14%)
     
  • GBP/USD

    1.2413
    -0.0113 (-0.90%)
     
  • USD/JPY

    133.7710
    +1.2040 (+0.91%)
     
  • Bitcoin USD

    30,358.00
    -160.55 (-0.53%)
     
  • CMC Crypto 200

    676.21
    -8.26 (-1.21%)
     
  • FTSE 100

    7,871.91
    +28.53 (+0.36%)
     
  • Nikkei 225

    28,493.47
    +336.50 (+1.20%)
     

Western Digital Data Breach: Hackers Demand Huge Ransom In Exchange Of Sensitive Data

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Western Digital Corp (NASDAQ: WDC) hackers are claiming a ransom — of a "minimum 8 figures" in exchange for not publishing 10 terabytes of data stolen from the company.

  • The data stolen includes reams of customer information, TechCrunch reports.

  • On April 3, Western Digital updated on a network security incident identified on March 26, 2023. An unauthorized third party accessed several of the company's systems in connection with the ongoing incident.

  • Also Read: Cybersecurity Firm Warns Financially Motivated Cyber Criminals Actively Exploiting Zero-Day Vulnerabilities, Microsoft Patches Bug

  • One of the hackers proved they could now digitally sign files to impersonate Western Digital.

  • They also shared phone numbers allegedly belonging to several company executives.

  • One of the hackers shared screenshots showing a folder from a Box account belonging to Western Digital, an internal email, files stored in a PrivateArk instance (a cybersecurity product), and a screenshot of a group call where one of the participants is Western Digital's chief information security officer.

  • The hackers also said they were able to steal data from the company's SAP Backoffice, which helps companies manage e-commerce data.

  • Their goal was to make money, though they decided against using ransomware to encrypt the company's files.

  • The hacker said they have also emailed several executives — using their email addresses because the corporate email system is currently down — demanding a "one-time payment."

  • Hackers said they come up with targets "randomly. They exploit vulnerabilities within their infrastructure and reach the global administrator of their [Microsoft Corp (NASDAQ: MSFT)] Azure tenant.

  • The hacker threatened to start publishing the stolen data on the website of the ransomware gang Alphv if Western Digital failed to give in to their demands.

  • Price Action: WDC shares traded higher by 3.04% at $38 premarket on the last check Friday.

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

This article Western Digital Data Breach: Hackers Demand Huge Ransom In Exchange Of Sensitive Data originally appeared on Benzinga.com

.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.