December 8, 2022

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Saudi Aramco hack, $50 million ransom demand

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Saudi Aramco is the world’s most valuable oil company, had files leaked after a hack. 

Associated Press reported that 1 terabyte of company data was illegally accessed. Company statement:

  • “Aramco recently became aware of the indirect release of a limited amount of company data which was held by third-party contractors”
  • “We confirm that the release of data was not due to a breach of our systems, has no impact on our operations, and the company continues to maintain a robust cybersecurity posture.”

AP further reported that the hackers demanded USD50m, payable in cryptocurrency, for deleting the data. 

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