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.

Posted In: BriefsNewsTechMedia

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.