Security July 5, 2021 | Caroline

REvil’s humungous $70M Kaseya ransomware attack, explained

Last Friday was quite a doozy in the cybersecurity world: a Russia-linked REvil ransomware gang is believed to be behind a massive ‘supply chain’ attack that crippled hundreds of businesses across the US and elsewhere. Now, the group wants $70 million in exchange for a tool to decrypt the files they’ve locked on victims’ networks. The Record’s Catalin Cimpanu reported that REvil has claimed responsibility for the attack and put out the call for the enormous ransom. If paid, it would make this the largest ransomware incident in history. At the same time, US President Biden said on Sunday “we’re…

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