Hackers demand US$70 million to restore data held by companies hit in cyberattack - blog

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WASHINGTON :Hackers suspected to be behind a mass extortion attack that affected hundreds of companies worldwide late on Sunday demanded US$70 ...

WASHINGTON -Hackers suspected to be behind a mass extortion attack that affected hundreds of companies worldwide late on Sunday demanded US$70 million to restore the data they are holding ransom, according to a posting on a dark web site.

The gang broke into Kaseya, a Miami-based information technology firm, and used their access to breach some of its clients' clients, setting off a chain reaction that quickly paralyzed the computers of hundreds of firms worldwide.An executive at Kaseya said the company was aware of the ransom demand but did not immediately return further messages seeking comment.

In at least one case, the disruption spilled out into the public domain when Swedish Coop grocery store chain had to close hundreds of stores on Saturday because its cash registers had been knocked offline as a consequence of the attack.. McKerchar's company was one of several that had blamed https://news.sophos.com/en-us/2021/07/04/independence-day-revil-uses-supply-chain-exploit-to-attack-hundreds-of-businesses REvil for the attack, but Sunday's statement was the group's first public acknowledgement that it was behind the campaign.

 

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