Saudi Aramco Targeted In $50M Crypto Extortion Scheme After Major Data Breach | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

Saudi Aramco Targeted In $50M Crypto Extortion Scheme After Major Data Breach

Saudi Aramco is pointing the finger at a third-party contractor for a breached data incident which has resulted in demands for $50 million in ransom from an unknown mysterious entity in what's looking like a Colonial Pipeline style cyber drama. The Saudi oil giant acknowledged to The Associated Press that it "recently became aware of the indirect release of a limited amount of company data which was held by third-party contractors."

"We confirm that the release of data was not due to a breach of our systems, has no impact on our operations and the company continues to maintain a robust cybersecurity posture," Aramco said, without specifying the contractor through which the breach happened. The language of "indirect release" reveals it was likely a leak and not the result of an external hacking operation.

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