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Kaseya Raced to Patch Before Ransomware Disaster

Kaseya Raced to Patch Before Ransomware Disaster
bankinfosecurity.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankinfosecurity.com Daily Mail and Mail on Sunday newspapers.

REvil Ransomware to Blame for the Largest Cyberattack Ever Seen

REvil Ransomware to Blame for the Largest Cyberattack Ever Seen
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How REvil Ransomware pulled out thousands of businesses at once

How REvil Ransomware pulled out thousands of businesses at once Massive chain reaction on Friday ransomware has infected at least hundreds and probably thousands of businesses worldwideincluding a railroad, a pharmacy chain and hundreds of branded Swedish Coop grocery stores. Conducted by the famous criminal group REvil in Russia, the attack is a common moment ransomware and the so-called supply chain attack. Now, it’s clearer how exactly they came out. Some details were known on Friday evening. To spread its ransomware to a large number of targets, the attackers found a vulnerability in the update mechanism used by the IT services company Kaseya. The company develops the software it uses to manage business networks and devices, and then sells those tools to other companies called “managed service providers”. MSPs, on the other hand, contract with small and medium-sized enterprises or any organization that does not want to manage its own IT infrastructure. By growing their ra

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