Hackers try to sell Continental data for $50M after cyberattack, report says

Europe

BERLIN — Continental said it was investigating the theft of company data in a cyberattack but declined to comment on media reports that hackers had put the information up for sale.

The German business paper Handelsblatt reported that hackers had published a list of the data on the darknet and that it included budget, investment and strategy plans, as well as information related to some Continental customers.

Handelsblatt said the hackers had put the data up for sale for $50 million after Continental “apparently did not want to pay a ransom.”

Last week, Continental said a cyberattack it reported in August had resulted in some data being stolen from the company.

The supplier said its investigation was moving ahead with the highest priority.

Continental, based in Hanover, Germany, ranks No. 8 on the Automotive News Europe list of top 100 global suppliers, with 2021 sales to automakers of $22.4 billion.

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