Kaseya CEO says thousands of firms may be affected by ransomware attack

Date:
Tue, 06 Jul 2021 10:16:51 +0000

Description:
The true scale of REvil supply-chain ransomware attack is slowly beginning to emerge.

FULL STORY ======================================================================

The supply-chain ransomware attack recently perpetrated by REvil via a malicious Kaseya update could already have affected more than 1500 businesses across the world.

Speaking to Reuters , Kaseya CEO Fred Voccola said it was difficult to pin down the exact number of targets, since the victims were customers of its customers.

Kaseya builds tools to help Managed Service Providers (MSP) manage the IT infrastructure of businesses, many of whom cant afford to keep dedicated
staff to man their network. TechRadar needs you!

We're looking at how our readers use VPNs with streaming sites like Netflix
so we can improve our content and offer better advice. This survey won't take more than 60 seconds of your time, and you can also choose to enter the prize draw to win a $100 Amazon voucher or one of five 1-year ExpressVPN subscriptions.

Click here to start the survey in a new window << These are the best ransomware protection tools Protect your devices with these best antivirus software Here's our choice of the best malware removal software on the market

In one of the most daring ransomware attacks , REvil compromised one of Kaseyas tools for MSPs and used it to deploy ransomware on the computers of businesses around the world, claiming to have infected over a million
systems. Who blinks first?

While Voccolas estimates sound more plausible than REvils, experts who spoke to Reuters suggest that the true impact of the hack will emerge after America opens for business on Tuesday, following the July Fourth holiday weekend.

Beyond the US, the attack did manage to trickle down to the populace at large in other parts of the world, most notably in Sweden, where the attack led to the closure of hundreds of Coop stores.

While claiming responsibility for the attack, REvil demanded $70 million as ransom to unlock the data on infected systems.

Speaking to Reuters , Voccola refused to say whether he was ready to take the hackers up on the offer.

"I can't comment 'yes,' 'no,' or 'maybe'," he told Reuters , adding "No comment on anything to do with negotiating with terrorists in any way."

However, REvil is also inviting individual victims to cough up anywhere between $50,000 and $5 million, depending on the size of the impacted corporate network. Cybersecurity expert Kevin Beaumont shared on Twitter that hes seen some of the victims haggling with the threat actors to restore
access to their systems. We've put together a list of the best endpoint protection software



======================================================================
Link to news story: https://www.techradar.com/news/kaseya-ceo-says-thousands-of-firms-may-be-affec ted-by-ransomware-attack/


--- Mystic BBS v1.12 A47 (Linux/64)
* Origin: tqwNet Technology News (1337:1/100)