Foxconn Factory Becomes a Ransomware Victim

 


A Foxconn factory located in Tijuana, Mexico, fell victim to ransomware and had to pay the ransom before June 11.

The factory was hit by the Lockbit 2.0 ransomware attack and was threatened that its confidential data would be disclosed to the public if it did not pay the ransom before June 11. It was not revealed how much ransom was demanded, but it could be in the tens of millions of dollars.


Foxconn's factory in Tijuana is located close to the border with the United States, in San Diego, California to be exact. Currently the factory is used to assemble LCD TVs marketed in the US.



The factory facility has been owned by Foxconn since 2009, which bought it from Sony.



A Foxconn spokesperson claimed that the cybersecurity team is currently running a data restore and the factory is up and running and almost reaching normal production capacity.


It's unclear whether this means Foxconn was able to mitigate the ransomware attack internally or whether they paid a ransom to the ransomware syndicate.


For information, Foxconn is a company that many electronics manufacturers cooperate with to produce their goods. Call it the iPhone for Apple, various gaming consoles from Microsoft, Nintendo, and Sony.


With this ransomware attack, it is possible that the ransomware distribution syndicate has the confidential data of Foxconn consumers, and if the data is shared, the impact will be very large.


This is not the first time Foxconn's Mexican factory has fallen victim to ransomware. In 2020, the DoppelPaymer ransomware syndicate claimed they had successfully attacked the Foxconn factory located in Ciudad Juarez.


They claim to have stolen about 100GB of data and demanded a ransom of USD 34 million in bitcoins.

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