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Cyber

Hackers demand $70 mn after Kaseya ransomware attack

2021-07-06

[DAILYTIMES.PK] Hackers were on Monday demanding $70 million in bitcoin in exchange for data stolen during an attack on a US IT company that has shuttered hundreds of Swedish supermarkets.Researchers believe more than 1,000 companies could have been affected by the attack on Miami-based firm Kaseya, which provides IT services to some 40,000 businesses around the world. The FBI
...Formerly one of the world's premier criminal investigation organizations, something for a nation to be proud of. Now it's a political arm of the Deep State oligarchy that is willing to trump up charges, suppress evidence, or take out insurance policies come election time...
warned Sunday that the scale of the "ransomware" attack — a form of digital hostage-taking where hackers encrypt victims’ data and then demand money for restored access — is so large that it may be "unable to respond to each victim individually". Sweden’s Coop supermarket chain was among the most high-profile victims, with "a majority" of their 800 stores still closed three days after the hack paralysed its cash registers, front man Kevin Bell told AFP. Coop is not a direct customer of Kaseya’s, but its IT subcontractor Visma Esscom was hit by the attack. Bell stressed that the situation was looking "positive compared to a few days ago", but the few hundred stores that have reopened were relying on alternative payment solutions, such as customers paying using their smartphones.

Experts believe the attack was probably carried out by REvil, a Russian-speaking hacking group known as a prolific perpetrator of ransomware attacks. A post on Happy Blog, a site on the dark web previously associated with the group, grabbed credit for the attack and said it had infected "more than a million systems". The FBI believes that REvil, which also goes by the name Sodinokibi, was behind a ransomware attack last month on global meat-processing giant JBS, which ended up paying $11 million in bitcoin to the hackers. The blog post claiming responsibility for the Kaseya attack said the hackers would post a decryption tool online "so everyone will be able to recover from attack in less than an hour" — if they were handed $70 million in bitcoin.

Posted by:Fred

#4 Why are we not making common cause with Russia against China?

Posted by: Jack Greamp6869 2021-07-06 21:22

#3 "how much would it cost to have the ruskya mafya to just whack you and be done with it?"

This is something I was wondering the other day. Nothing personal, just bidness. Governments are either constrained, useless, or in on the deal. Private contractors to the rescue!

Posted by: SteveS 2021-07-06 20:59

#2 The story going around now is that they have lowered their "ask", possibly getting antsy:
https://twitter.com/jackhcable/status/1411906687968161792
The other story going are is "how much would it cost to have the ruskya mafya to just whack you and be done with it?"

Posted by: ed in texas 2021-07-06 20:29

#1 ...that has shuttered hundreds of Swedish supermarkets.

Why? Oh, that's right. You 'saved' so much money by doing away with clerks who knew the price of the products or stockers who put little price tags on everything for automated systems. The old system where just providing them hand calculators could keep the store open. Then again the item tracking would be lost and the automated books couldn't be run to pay taxes but require an accountant to do. However, now you are closed and in effect out of business.

Good IT practices are like a fire department. You usually don't need one but then its too late if don't have one.

Posted by: Procopius2k 2021-07-06 10:54

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