Cybersecurity
Western Digital Falls on Report That Hackers Are Seeking Ransom
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Western Digital Corp. shares fell as much as 4.5% following a report that hackers are trying to extort the company after stealing about 10 terabytes of data, including customer information.
The stock dropped as low as $36.30 after TechCrunch reported that the hackers were seeking a ransom of at least “eight figures” — $10 million and up — in exchange for not publishing the data.