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Taiwan s Cybersecurity Dilemma - Taiwan Business TOPICS

Taiwan Business TOPICS The island’s world-leading ICT and semiconductor sectors have come under the spotlight following a series of high-profile cyberattacks. In late March, Taiwanese tech hardware giant Acer reportedly was the victim of a ransomware attack – a type of cyberattack in which money is demanded in exchange for hacked sensitive data. According to media reports, the perpetrators of the attack were a hacker group thought to be located in Russia that calls itself REvil (also known as Sodinokibi). It demanded Acer pay US$50 million – the highest amount ever requested in a such an attack anywhere – and posted screenshots of hacked financial documents and confidential files on its dark web-based data leaks blog. Acer was reported to have negotiated with REvil, offering a lower sum, which the hackers refused.

Rolling blackouts implemented across Taiwan after power plant malfunction

The Straits Times Rolling blackouts implemented across Taiwan after power plant malfunction Diners using the light of a mobile phone during a blackout in Taipei yesterday. The outages were implemented in intervals across Taiwan.PHOTO: REUTERS PublishedMay 14, 2021, 5:00 am SGT https://str.sg/Jvic They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months.

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