Reading view

There are new articles available, click to refresh the page.

Pay over time

Cash may be king but pay-over-time is the new way that many manufacturers are getting around the sticker shock of technology. Apple announced its version just yesterday. Microsoft has long had a business Surface leasing program called LiftForward. And, of course, you can always pay for your cell phone over time through a phone company. […]

Apple Retires iPhone Upgrade Program For Klarna-Backed Leases

Apple has replaced its iPhone Upgrade Program with Apple Upgrade, a Klarna-backed U.S. leasing service covering most iPhones, iPads, Macs, and Apple Watches. MacRumors reports: Apple Upgrade has lower base prices than the iPhone Upgrade Program, with iPhones available starting at $17.99 per month and the Apple Watch available starting at $11.99 per month. Macs can be leased starting at $24.99 per month, and iPads start at $11.99 per month. AppleCare+ is optional and not included in the lease price, with customers also able to opt for AppleCare One. There are 12-month and 24-month leasing options for the iPhone and Apple Watch, along with 24-month and 36-month leasing options for the Mac and iPad. Lease cost varies based on device, and is lower with a device trade-in that's applied on a monthly basis. [...] When leasing an iPhone, customers are required to choose a plan from AT&T, Verizon, or T-Mobile, and prepaid plans are not eligible. iPhones need to be leased with a carrier plan, but the iPhones are unlocked so customers can switch carriers if desired. MVNOs like Mint Mobile or Visible are not supported. At the end of the leasing period, customers can choose to return the device and exit the program, pay off the remaining amount owed on the device with a one-time payment and keep it, or return it and upgrade to a new device with a new lease. The payoff amount is the difference between what was paid during the leasing period and the retail price of the device, minus any remaining trade-in credits. Klarna is not charging a fee for the leasing program, so an iPhone that's $1,099 can be leased and then purchased for $1,099 with no extra cost beyond taxes. As with trade-ins, Apple will send a pre-labeled and prepaid shipping box for device returns or upgrades. If you don't opt to pay the purchase fee at the end of the leasing program, you will not own the device and must return it. Last week, after Bloomberg reported on Apple's upcoming leasing program, 9to5Mac uncovered code in the iOS 27 beta suggesting the company was developing a system that could restrict leased iPhones when customers fall behind on payments. Apple has now told The Verge that the new "Restricted Mode" will not be activated in response to a missed lease payment. What the new system is actually meant for remains unclear.

Read more of this story at Slashdot.

Android to iPhone: Will’s journey

APPLE By Will Fastie Nineteen years after the introduction of the iPhone, I succumbed. It was an emergency purchase; I had not planned to do so for a few more months. But my Samsung Galaxy A53 5G received a One UI update, and performance crashed. Action was needed. The battery was bad, too. Having done […]

Major tech manufacturer Foxconn confirms cyberattack hit North American factories

Foxconn, one of the world’s largest manufacturers of electronics sold by major tech vendors, is recovering from a cyberattack that disrupted some of the company’s factories in North America.

Nitrogen, a ransomware group that’s known for targeting organizations in the manufacturing, construction and technology sectors, claimed responsibility for the attack on its data leak site and said it stole 8 terabytes of data spanning more than 11 million files. 

The threat group posted screenshots of some of the allegedly stolen data and claimed it compromised “confidential instructions, projects and drawings from Intel, Apple, Google, Dell, Nvidia and many other projects.” 

Foxconn is famously known as the primary assembler of Apple iPhones. Apple and the other companies allegedly impacted by the attack did not respond to a request for comment.

A spokesperson for Foxconn confirmed some of its factories in North America suffered a cyberattack, and said its cybersecurity team immediately responded to the breach by implementing additional “measures to ensure the continuity of production and delivery.”

The spokesperson did not answer questions about when the attack occurred or what systems or data was impacted, but noted that “affected factories are currently resuming normal production” as of Tuesday. 

Nitrogen was first observed in 2023, using ALPHV, one of the most prevalent ransomware variants at that time, Cynthia Kaiser, senior vice president at Halcyon’s Ransomware Research Center, told CyberScoop. The group started using stolen code from Conti, another formerly prolific ransomware variant, in 2024 to build its own custom attack tools to hit Windows and VMware server environments, she added.

The threat group has most recently focused on companies in the manufacturing and technology sectors. “However, the most recent cases of claims by Nitrogen do not include a working file listing on the leak site and include mostly older images of files,” Kaiser said. “This raises questions about whether Nitrogen is inflating data-theft claims in an attempt to pressure victims into paying higher ransoms.”

Foxconn hasn’t described the nature of the attack or confirmed the existence of a ransom demand. 

Ismael Valenzuela, vice president of threat research and intelligence at Arctic Wolf Labs, said Nitrogen follows a “consistent playbook, stealing data before encrypting systems so they have leverage on multiple fronts, combining operational disruption with the threat of sensitive information being exposed.”

The threat group’s tactics indicate it’s not opportunistic, but rather “operating with a defined model, focusing on organizations that are easier to access but still critical enough to drive pressure and payment,” Valenzuela added. 

Foxconn, also known as Hon Hai Precision Industry with headquarters in Taiwan, is among the world’s largest companies with $259 billion in revenue last year, the company said. Foxconn’s North American footprint includes multiple factories in Mexico, Wisconsin, Ohio, Texas, Virginia and Indiana.

The post Major tech manufacturer Foxconn confirms cyberattack hit North American factories appeared first on CyberScoop.

❌