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AMD is Investigating a Potential 450 Gb Data Breach

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rjohnson11
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2022/07/07 03:35:16 (permalink)
https://www.techpowerup.com/296573/amd-is-investigating-a-potential-450-gb-data-breach
 
RansomHouse, a newly established group aimed at monetizing stolen data, claims to own more than 450 Gb of data coming from AMD. The RansomHouse group is structured as the middleman and makes sure that hackers and victims negotiate to get the funds to hackers and data back to victims. It is claimed that the leaked AMD data contains network files, system information, and AMD passwords. This could be a very dangerous data breach, as inter-company passwords are used to access confidential files and personal information. The group notes that they own 450 Gb or gigabits of data, which translates into 56.25 GB or gigabytes of stolen data. We are not yet sure if the Gb notation is misspelled. It is claimed that AMD's poor security practices like using "password" passwords lead to the data breach, and no special ransomware software was used.

Tom's Hardware reached out to AMD for a statement, and got the following response:
 
"AMD is aware of a bad actor claiming to be in possession of stolen data from AMD. An investigation is currently underway."
 
You would think that after so many data breaches companies would learn to have better IT security. 

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    the_Scarlet_one
    formerly Scarlet-tech
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    Re: AMD is Investigating a Potential 450 Gb Data Breach 2022/07/07 05:10:25 (permalink)
    At some point, these large companies are either going to need to invest in much better security, or they will need to start working a way to keep their proprietary information offline, and just move over the essentials when the time comes. Hopefully this gets resolved soon.
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    kougar
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    Re: AMD is Investigating a Potential 450 Gb Data Breach 2022/07/12 15:08:44 (permalink)
    the_Scarlet_one
    At some point, these large companies are either going to need to invest in much better security, or they will need to start working a way to keep their proprietary information offline, and just move over the essentials when the time comes. Hopefully this gets resolved soon.



    Throwing money at the problem unfortunately won't take the "human" out of humans.  


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    GTXJackBauer
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    Re: AMD is Investigating a Potential 450 Gb Data Breach 2022/07/12 16:07:56 (permalink)
    Maybe AMD should use 2FA for once. 

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