Apple's Chinese manufacturing partner the latest victim of online security breach

The hacker group known as Swagg Security recently conducted a cyberattack against Apple's manufacturing partner Foxconn, motivated primarily by unethical labor practices at the Chinese facility.

The online security breach reportedly resulted in the theft of the company's passwords, usernames and other employee information. The group made an announcement through its Pastebin page that stated the passwords it obtained could allow people to make fraudulent purchases under the names of IBM, Intel, Dell and Microsoft.

"We got somethin' served up good … real good," Swagg Security said. "Your [sic] not gonna' know what hit you by the time you finish this release. Your company gonna' crumble, and you deserve it."

Following the attack, Foxconn took down its website. When asked about the incident, a company spokeswoman told CNET the business does not comment on such events pertaining to its security.

Since passwords are such as key for employees, organizations seeking ways to improve their online security can adopt password manager software. With this solution in place, businesses no longer have to worry about weak passwords that, if obtained by an outside source, could jeopardize the company's operations.