Hackers demanded the largest Chinese electric-vehicle maker, NIO, pay $2.25 million in Bitcoin for the information they had stolen.
NIO, the largest electric car brand in China, stated that some basic user information and vehicle sales information before August 2021 were stolen, and received an email extortion worth 2.25 million US dollars equivalent in Bitcoin. https://t.co/2tXRtG8Fxb
— Wu Blockchain (@WuBlockchain) December 20, 2022
After receiving the email from the hackers on December 11, the company set up a special committee to investigate the incident.
Preliminary checks showed that the stolen data consisted of ‘some basic information about users and vehicle sales up to August 2021’.
NIO promptly informed law enforcement and regulatory authorities about the incident. The company continues its own investigation into the leak.
During 2021, the number of cyberattacks on government and commercial entities increased by 50% compared with the previous year.
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