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REvil ransomware hackers demand $70 million — companies worldwide go down


After an enormous 4th of July weekend ransomware assault utilizing American software program firm Kaseya’s distant IT software program, infamous Russian REvil ransomware gang has taken credit score and demanded $70 million in Bitcoin.

This assault has doubtlessly hit over one million programs for companies throughout the globe, together with a complete grocery retailer chain in Sweden. Let’s discover what occurred, however earlier than we go wherever, be sure to activate Home windows 10’s secret anti-ransomware characteristic.

What occurred throughout the 4th of July weekend?

Crashing the vacation weekend celebrations, hackers used distant IT administration software program platform Kaseya to stage a mass ransomware assault that has affected as many as 200 firms, in response to a report from Bleeping Pc.

Kaseya has administrator entry throughout programs by design as a managed service supplier, to ship its distant administration. Due to this, an auto-update on Friday, July 2 delivered REvil ransomware to affected programs. 

This assault was tremendous efficient as a result of, as a Gartner analyst informed The Guardian, this distinctive mixture of provide chain assaults (sneaking malicious code into trusted software program) and ransomware maximizes the harm made to a centrally-managed system reminiscent of Kaseya’s.

All recordsdata are encrypted by the assault and a $44,999 demand was made to unlock them. Kaseya jumped into motion by strongly imploring clients to show off their digital system/server administrator (VSA) servers in the meanwhile, so the attacker shouldn’t be capable of “shut off administrative entry to the VSA.”

On Saturday, July 3, the impression of this assault was felt worldwide, as Bloomberg reported greater than 1,000 companies might have been affected. This even included 800 branches of the grocery chain Coop in Sweden, which have been unable to open as a result of money registers weren’t working.

REvil Kaseya ransomware assault: The ransom demand

Following this, two large issues occurred. To start with, President Biden directed U.S. intelligence companies to analyze this ransomware assault surrounding suspicions of the involvement of the Russia-linked REvil gang.

This suspicion was confirmed, because the gang formally took credit score for the assault and demanded $70 million in Bitcoin for the common decryptor in a darkish net weblog. Reported by The File, no remark has been made on whether or not Kaseya pays the ransom and the hackers are claiming that “greater than one million” programs have been affected.

Within the meantime, in case you are an affected consumer, Kaseya is updating this incident report each 4 hours.



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