Foxconn faces ransomware attack

Apple supplier Foxconn said on Tuesday the internet connection in its facility in Americas has gradually returned to normal after it was attacked by ransomware.
Foxconn IT investmentFoxconn said an upgrade in information security level was completed in its affected facility. Foxconn said the attack by ransomware had limited impact to its operations.

News website Bleeping Computer reported that Foxconn’s facility in Mexico was attacked by ransomware over the Thanksgiving weekend and attackers demanded $34 million to be paid in bitcoin.

Foxconn, the world’s largest contract electronics maker, recently reported quarterly profit, amid surging demand for telecommuting devices as the pandemic-induced work-from-home trend continues.

The Taiwanese firm, whose clients include technology majors such as Apple, booked July-September net profit of T$30.8 billion ($1.08 billion), Reuters calculations showed based on nine-month figures.

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