A ransomware attack on Apple shows the future of cybercrime

THE ANNOUNCEMENT was timed to spoil the party. On April 20th, at its “Spring Loaded” event, Apple unveiled a clutch of new iGizmos, from purple smartphones and a new set-top TV box to “AirTags”, small connected trackers designed to help people find whatever objects they attach them to.

On the same day a group of hackers going by the name of REvil declared that they had broken into Quanta Computer, a Taiwanese company that assembles several Apple gadgets, and made off with what they claimed was sensitive data. The group claimed that Quanta had declined to pay a ransom for the stolen information, and addressed Apple directly instead. The hackers

→ Continue reading at The Economist

Similar Articles

Advertisment

Most Popular