Hackers demand $70 million in Kaseya REvil ransomware attack

159
SHARE

The Kaseya REvil ransomware attack is massive. The IT management software provider serves over 36,000 companies worldwide. And the attackers are demanding $70 million to provide the encryption key to restore data they hold for ransom.

Enter Email to View Articles

Loading...

As 2021 unfolds a series of high-profile ransomware attacks have posed a threat to governments, companies, and institutions like never before. It has been estimated that there have been 5,000 REvil ransomware attacks across 22 countries in the last few years.

The ransom demand for $70 million was posted to a dark-web blog that has been used by the Russian-linked REvil ransomware gang. The hackers also indicate they are open to some negotiation.

They are also suspected of the Memorial Day attack on JBS, the US meat processor. And the ransomware gang walked away with an 11 million dollar ransom.

Supply-chain attack

Hundreds of Kaseya’s client companies were directly hit by the supply-chain attack. The VSA software, which provides IT services to businesses, was used by hackers to infect the network.