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Hackers sell tiremaker Continental’s stolen data for $50 million

Posted On: Nov. 16, 2022 9:14 AM CST

Cyber liability

 

German tire and automotive parts manufacturer, Continental AG is investigating a cyber attack on its systems in August and the data stolen by the hackers after reports of the data being sold on dark web for $50 million, Reuters reported citing Handelsblatt. The hackers are reportedly selling Continental’s data, including its budget, investment and strategy plans, as the company has declined to pay ransom.