While Apple and Amazon are consistently the two front-runners by market cap size, both have experienced recent setbacks. The global competitive environment has also worked in Microsoft’s favour.
APPLE RANSOMWARE DILEMMA SITE SOFTWARE
Few expected Microsoft to surpass Apple and Amazon by returning to its business-to-business roots, focusing on platform rather than operating system, software or hardware, although its Surface products have won over enterprises and consumers. Is this because the innovator’s dilemma, at 21, is no longer relevant to today’s business environment? Or conversely, is it because Microsoft’s leadership strategy was developed with this threat in mind? It is certainly a strategic triumph by CEO Satya Nadella, who has taken just four and a half years to transform Microsoft by focusing on the cloud infrastructure market over other parts of the business. Amazon, at 24 the millennial in the three-way race, still does not qualify as a new competitor. Of course, Microsoft’s competitors for the top spot are also established players: Apple is 42 years old to Microsoft’s 43. The innovator’s dilemma supports Professor Clayton Christensen’s seminal theory of “disruptive innovation,” which explains how successful companies can do everything right, yet lose out to new competitors. So how did Microsoft confound the so-called innovator’s dilemma? And it has not been the world’s most valuable tech stock since 2010. "Consequently, we upgraded the level of cybersecurity by reviewing and enhancing current infrastructure for information security and protection."Īn Apple spokesperson was not available for comment when contacted by BleepingComputer earlier today.If Microsoft ends the year as the world’s most valuable company, it will be the first year it closes out in the top position since 2002.
"The information security defense mechanism was activated in no time while conducting a detailed investigation to ensure containment and recovery of data are in process and a small range of services impacted by the attacks were brought back to normal. There’s no material impact on the Company’s business operation. "We’ve reported to and kept seamless communications with the relevant law enforcement and data protection authorities concerning recent abnormal activities observed. "Quanta Computer’s information security team has worked with external IT experts in response to cyber attacks on a small number of Quanta servers," a Quanta spokesperson told BleepingComputer. REvil has been on a hacking spree over the last month, demanding extremely high ransom demands in attacks targeting Acer ($50 million), Pierre Fabre ($25 million), and Asteelflash ($24 million).Ĭybersecurity researchers have told BleepingComputer that they believe REvil has been making extremely high demands to start at a higher negotiation price. Once a ransom payment is made, the REvil core developers and the affiliates split the payment, with the affiliates generally getting the larger share. REvil is a ransomware-as-a-service (RaaS) operation known for recruiting affiliates to breach corporate networks, steal unencrypted data, and encrypt devices. Quanta has a long list of high-profile customers, including Apple, Dell, Hewlett-Packard, Alienware, Lenovo, Cisco, and Microsoft.īased on the number of ODM laptop units sold, Quanta is the world's second-largest original design manufacturer of laptops, only behind Compal who was also targeted by ransomware last year.Īccording to the Tor payment page shared with BleepingComputer, Quanta has to pay $50 million until April 27th, or $100 million after the countdown ends.
APPLE RANSOMWARE DILEMMA SITE PRO
Quanta is a Taiwan-based original design manufacturer (ODM) and an Apple Watch, Apple Macbook Air, and Apple Macbook Pro maker. REvil tried to extort Apple only after Quanta Computer, a leading notebook manufacturer and one of Apple's business partners, refused to communicate with the ransomware gang or pay the ransom demanded after they allegedly stole "a lot of confidential data" from Quanta's network. The ransomware gang wants Apple to pay a ransom by May 1st to prevent its stolen data from being leaked and added that they are also "negotiating the sale of large quantities of confidential drawings and gigabytes of personal data with several major brands." The REvil ransomware gang asked Apple to "buy back" stolen product blueprints to avoid having them leaked on REvil's leak site before today's Apple Spring Loaded event.
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