After Microsoft And Nvidia, This Major Apple Supplier Became Ransomware Target

  • Key Apple Inc AAPL supplier Hai Precision Industry Co Ltd HNHPF, operating as Foxconn, was hit by a ransomware attack on May 31, the Bleeping Computer reports.
  • The attack disrupted operations at one of Foxconn's Mexico-based production plants.
  • The Foxconn Baja California plant produced medical devices, consumer electronics, and industrial operations, the TechCrunch reports.
  • Also Read: President Biden to Discuss Ransomware Attack Solutions with Putin at June 16 Geneva Meet: Reuters
  • The factory was gradually returning to normal, acknowledged Foxconn.
  • Foxconn, which did not disclose details regarding ransom demands, saw a minimal impact on its overall operations from the disruption.
  • The operators of the LockBit claimed responsibility for the May 31 attack and threatened to leak the stolen data pending a ransom by June 11. 
  • In December 2020, the DoppelPaymer ransomware attacked some of Foxconn's U.S.-based systems, demanding a ransom of $34 million in Bitcoin. 
  • Companies ranging from Microsoft Corp MSFTNvidia Corp NVDA to Vodafone Group Plc VOD were victims of data breaches which increased radically as the world moved online following the pandemic.
  • Photo by S. Hermann & F. Richter from Pixabay.

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