Japanese Multinationals were attacked by extortion software and were extorted a ransom of US $7 million
JVCKenwood, a Japanese multinational, was recently attacked by the Conti ransomware, claiming to have stolen 1.7TB of data and extorted $7 million in ransom. JVCKenwood is a multinational electronics company headquartered in Japan with 16,956 employees and $2,450 billion in revenue in 2021. The company is known for the JVC, Kenwood and Victor brands,…