Apple supplier hit with $50M ransomware demand

Published April 22, 2021 7:12pm ET



A supplier for Apple was targeted by a ransomware attack on Tuesday when a shadowy Russian group demanded millions of dollars after claiming to have stolen product schematics.

Quanta Computer, a Taiwan-based supplier for the tech company, confirmed the breach but said it would have “no material impact on the company’s business operation. “

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