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Criminals Demand $70 Million Ransom In Historically Large Global Cyberattack
Cybersecurity

Criminals Demand $70 Million Ransom In Historically Large Global Cyberattack


The criminal organization REvil, which has claimed responsibility for a global cyberattack that security officials are calling one of the largest in history, has demanded $70 million in exchange for a tool that it claims will unlock all compromised devices.

REvil claims to have infected “more than a million systems” in a ransomware attack targeting Kaseya, a global software company serving at least 200 U.S. businesses, in a Sunday post on the group’s dark web site. Ransomware attacks allow criminals using malicious software to access someone’s computer and withhold access until the criminals receive compensation.

REvil, a Russian-linked criminal gang, crippled the world's largest meatpacking company, JBS, with a ransomware attack in early June, and JBS paid REvil hackers an $11 million ransom to unlock its systems within days of the attack.

President Joe Biden said Saturday that he had “directed the full resources of the government” to respond to the Kaseya attack, but in remarks made before REvil posted its ransom note, Biden said he was unsure of the Russian government’s involvement.

According to cybersecurity officials and Kaseya officials, the full scope of the attack in the United States will be better understood on Tuesday, when most employees return to work following the July 4 holiday weekend.

According to SVT, the country's public broadcaster, most of the grocery chain Coop's 800 stores in Sweden were unable to open due to malfunctioning cash registers, as were the Swedish State Railways and a major pharmacy chain.

On Sunday, Anne Neuberger, the deputy national security adviser for cyber and emerging technology, urged anyone who suspects their system has been compromised to contact authorities via the Internet Crime Complaint Center.

The most recent ransomware attack was discovered on Saturday, and at least 17 countries were affected, including the United Kingdom, South Africa, Canada, Argentina, Mexico, and Spain, according to cybersecurity firm ESET.

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