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

• 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.

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

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