Cybersecurity
Nio Blackmailed for Millions in Bitcoin by Data-Stealing Hackers
A NIO Inc. dealership in Shanghai, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Hackers have stolen Nio Inc. user and car-sales data and are now blackmailing the Chinese electric-vehicle maker.
Nio received an email this month in which the sender demanded $2.25 million in Bitcoin in return for not releasing the data, the automaker said Tuesday. An internal investigation revealed that part of Nio’s user and vehicle sales information prior to August 2021 had been compromised.