Suspected Russian Cybercriminals Demand $70 Million In Massive Ransomware Attack posted at 22:56:58 UTC
Michael Novakhov's favorite articles on Inoreader Eurasia Review: Suspected Russian Cybercriminals Demand $70 Million In Massive Ransomware Attack posted at 22:56:58 UTC by Michael_Novakhov via 1. US Security from Michael_Novakhov (87 sites) ( RFE/RL ) — Suspected Russian-speaking cybercriminals behind what may be the largest ransomware attack to date have demanded $70 million in Bitcoin in exchange for a decryption tool as companies and security experts continued to assess the extent of damage. Cybersecurity experts believe thousands of victims in at least 17 countries may be impacted by the attack on U.S.-based firm Kaseya, which provides information-technology (IT) services to some 40,000 businesses around the world. Fred Voccola, CEO of Kaseya, said only about 50-60 of the company’s customers were compromised. However, 70 percent were so-called managed service providers who use the company’s hacked VSA software to manage multiple customers. That mea...