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The world s top ransomware gangs have created a cybercrime cartel
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via REUTERS
By Clare Duffy, CNN Business
Businesses and governments around the world are scrambling to understand yet another major ransomware attack that hit over the weekend, which could potentially cost tens of millions of dollars and affect more than 1,000 other companies.
Hackers hit a range of IT management companies and compromised their corporate clients by targeting a key software vendor called Kaseya. On Monday, the attackers requested a $70 million payment in bitcoin in exchange for a decryption tool that could help victims recover from the attack.
Given that the attack hit just before a holiday weekend, the full extent of the damage may not be known until this week. Here’s what we know so far.
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