security

Saudi Aramco Confirms Data Leak amid Cyber Ransom Reports

Saudi Aramco confirmed on Wednesday that a “limited amount” of its company data held by third-party contractors was recently leaked amid reports that an unidentified extortionist is holding a terabyte of the Saudi Arabian oil giant’s data hostage and demanding a $50 million ransom for its deletion, the Associated Press (AP) reported.

Amin Nasser, president and chief executive officer of Saudi Aramco, speaks during the fourth edition of the Future Investment Initiative (FII) conference at the capital Riyadh's Ritz-Carlton hotel on January 27, 2021. - Saudi Arabia opened a two-day Davos-style investment forum, with dozens of global policy makers and business tycoons …