Menu Close

Kaseya Ransomware Attack

The Kaseya ransomware attack is the latest in a string of high-profile incidents demanding payment to unlock computers

A group of Russian hackers calling themselves REvil is demanding $70 million to unlock computers swept up in a widespread ransomware attack that started to unfold July 2. It is the latest of such high-profile incidents that the U.S. government has been trying to stamp out, along with other cybercrimes.

REvil, likely best known for hacking JBS, one of the world’s largest international meat suppliers, has been active since at least early 2019. Like a number of other Russian-speaking ransomware gangs, REvil has made a fortune in recent years by hacking individual organizations, locking their computers, stealing their files and demanding a payment to fix things and not leak what they stole.

This time they didn’t target a single victim, but rather a company with a small but key role in the internet ecosystem. This gave them access to potentially tens or hundreds of thousands of victims.

“What we’re seeing here is the tactics of more sophisticated adversaries, like nation-states, trickling down toward these less sophisticated, more financially motivated criminal ransomware groups,” said Jack Cable, a researcher at the Krebs Stamos Group, a cybersecurity consultancy.

To read the whole article on the Kaseya ransomware attack by Kevin Collier for NBC News – click here.

To protect yourself against cyber attacks, get strong security now with a YubiKey in South Africa!

Leave a Reply

Your email address will not be published. Required fields are marked *