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Hackers want $70 million in ransomware assault on 1 million PCs

Hackers want $70 million in ransomware assault on 1 million PCs

Hackers want $70 million in ransomware assault on 1 million PCs. The Russian hackers responsible for the Kaseya supply chain ransomware assault have demanded a record $70 million. In order to unlock almost one million impacted devices.

Kaseya, headquartered in Ireland, offers information technology solutions, notably VSA. A unified remote monitoring and management tool for networks and endpoints.

According to media reports on Tuesday, hackers affiliated with REvi. A Russian-speaking organization, huffy Kaseya VSA, is utilizing by Manage Service Providers to execute IT operations remotely.

The Federal Bureau of Investigation (FBI) last month blamed REvil for an assault on JBS USA, a major American meat manufacturer. JBS USA stated that it paid a ransom of about $11 million in response to the illegal hacking of its activities.

The Russian government has denied any participation in intrusions like the JBS breach, labeling the claims “baseless.”

According to reports, the same gang also targeted IT company Kaseya.

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Over 40,000 organizations globally utilize at least one Kaseya software solution, according to Kaseya. Therefore, Kaseya, as a technology supplier to managed service providers (MSPs) that support other businesses. Is essential to a broader software supply chain, according to ZDNet.

Kaseya CEO Fred Vocolla said over the weekends that “only a very tiny proportion of our clients were impacts. Presently believed to be less than 40 globally.”

According to Sophos VP Ross McKerchar, this is one of the “most extensive criminal ransomware operations that Sophos has ever encountered.”

Kaseya said in a July 5 update that a patch was developing. And will be first deliver to SaaS installations.

REVil has increased its demand to $70 million for a universal decryption tool capable of putting a stop to the Kaseya assault.

“Over a million systems have been affected. If anybody wants to bargain on a global decryptor, our price is $70 000 000 in BTC. And we would publish a publicly accessible decryptor that decrypts all victims’ data, allowing everyone to recover from an attack in less than an hour “The hacker organization said.

According to BleepingComputer, the organization is seeking $5 million from impacted managed service providers and $44,999 from affected Kaseya consumers.

What do you think?

Written by Ankur J Kakoti

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