1,500 Companies Affected In Kaseya Ransomware Attack

Share post:

Around 800 to 1,500 businesses around the world are affected by a ransomware attack on the U.S. IT company Kaseya, which provides software tools to IT outsourcing shops.

Fred Voccola, CEO of the Florida-based company, said in an interview that it was difficult to measure the exact impact of Friday’s attack because those affected were mostly customers of Kaseya customers.

One of those tools was undermined on Friday, allowing hackers to cripple hundreds of companies around the world.

The hackers, who claimed responsibility for the attack, have demanded $70 million to recover all the data of the affected companies, although they have indicated in private conversations with IT experts and journalists that they are willing to lower the ransom.

Voccola said he had spoken with officials from the White House, the Federal Bureau of Investigation and the Department of Homeland Security about the attack, but refused to say what they had told him about negotiations with the cybercriminals.

Experts expect the full impact of the hack to be felt on Tuesday when Americans return from their fourth holiday weekend in July.

Outside the United States, the biggest disruptions occurred in Sweden – where hundreds of Coop supermarkets had to close their doors because their tills were not working – and in New Zealand, where 11 schools and several kindergartens were severely affected.

For more information, read the original story in Reuters.

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Cyber Security Today, Week in Review for week ending Friday April 19, 2024

On this episode Jen Ellis, co-chair of the Ransomware Task Force, talks about ways of fighting one of the biggest cyber threats to IT d

Cyber Security Today, April 19, 2024 – Police bust phishing rental platform, a nine-year old virus found on Ukrainian computers, and more

This episode reports on a threat actor targeting governments in the Middle East with a novel way of hiding malware is going international

Controversial expansion of US surveillance powers nears Senate vote

The US Senate is poised to vote on a significant expansion of Section 702 of the Foreign Intelligence...

Russian-linked hackers target U.S. and European water systems

A Russian military-affiliated hacking group, Sandworm, is suspected of coordinating recent cyberattacks on water utilities in the U.S.,...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways