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Twin DOJ Initiatives Tackle Cybersecurity Fraud And Cryptocurrency Enforcement - Technology

Twin DOJ Initiatives Tackle Cybersecurity Fraud and Cryptocurrency Enforcement | Akin Gump Strauss Hauer & Feld LLP

Russian-based hackers launch cyberattack on at least 200 IT management firms in the US

The REvil gang, a major Russian-speaking ransomware syndicate, appears to be behind the attack The attack came despite President Joe Biden s threat of retaliation to Russian President Vladimir Putin if they continued The massive scale of the attack paralyzed the networks of at least 200 U.S. companies on Friday  John Hammond of the security firm Huntress Labs said the criminals targeted a software supplier called Kaseya  Kaseya earlier in the day had said in a press release that the potential attack had been limited to a small number of on-premise customers only

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