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.