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On March 24, 2021, a group of hackers known as RansomHouse announced that they had successfully extracted 450GB of data from Advanced Micro Devices (AMD), a multinational semiconductor company based in Santa Clara, California. The hackers claimed that they had gained access to sensitive data, including source code, confidential documents, and customer information, and were threatening to release the data unless AMD paid a ransom of $100 million.
The news of the data breach quickly spread, causing concern among AMD customers and investors. AMD released a statement acknowledging the attack and assuring customers that it was working with law enforcement and cybersecurity experts to investigate the incident and minimize any potential damage.
It is not yet clear how RansomHouse was able to breach AMD's security systems and extract such a large amount of data. Some experts have speculated that the hackers may have used a combination of phishing attacks and vulnerabilities in AMD's systems to gain access.
The impact of the data breach on AMD remains to be seen. The company has not yet revealed whether any sensitive or confidential information was actually released, and it is unclear how much damage the hackers may have caused. However, the incident serves as a reminder of the importance of cybersecurity in today's digital age, and the potential consequences of failing to adequately protect sensitive data.
On the news:
Download: (17-07-2022)
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