Japanese electronics multinational JVCKenwood and Nebaska-based information processing company Sandhills Global have both fallen victim to Conti ransomware.
JVCKenwood is an undeniably high-value target, employing close to 17,000 employees and boasting sales of almost $2.5 billion in 2021. The Conti gang is claiming to have stolen 1.7 TB of data and has demanded $7 million in ransom.
Conti ransomware attacks are surging around the world, and the gang recently hit GSS and Vera Wang in a similar strike. CISA has issued an advisory after more than 400 incidents involving Conti.
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