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BBCNEWS BBC News June 4, 2024 03:19:00

Early to quantify the impact. yeah, ijust wonder what you make of this job lot approach, saying, give us $70 million and we ll clear everybody? i mean, these are all completely separate businesses? it s fascinating and we haven t seen that before. some people theorise it s actually just too many victims for the ransomware gang to process. keep in mind these ransomware gangs operate much like businesses. they have a customer service line and there are people who are paid primarily to negotiate and interact with victims. but another possibility is that the ransomware gang involved here realised that they had done a bit more damage than they had intended and the level of law ....

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BBCNEWS BBC News June 4, 2024 01:18:00

What we re seeing here with this hack is really the combination of two things that happened before, but rarely together. one is a supply chain compromise, whereby hackers gain access to one victim and then use that to then get a follow on access to many, many other victims. the other is ransomware, where a company s data is held hostage unless they pay cryptocurrency. but again, both of these things are increasingly common, but this is one of the most expansive hacks that combines both techniques together, and that is why people are calling this the biggest ransomware attack of all time, although it is still a bit early to quantify the impact. yeah, ijust wonder what you make of this job lot approach, saying, give us $70 million and we ll clear everybody? i mean, these are all completely separate businesses? it s fascinating and we haven t seen that before. some people theorise it s actually just too many victims for the ransomware gang to process. keep in mind these ransomware gangs ....

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BBCNEWS BBC News June 4, 2024 02:19:00

Many other victims. the other is ransomware, where a company s data is held hostage unless they pay cryptocurrency. but again, both of these things are increasingly common, but this is one of the most expansive hacks that combines both techniques together, and that is why people are calling this the biggest ransomware attack of all time, although it is still a bit early to quantify the impact. yeah, ijust wonder what you make of this job lot approach, saying, give us $70 million and we ll clear everybody? i mean, these are all completely separate businesses? it s fascinating and we haven t seen that before. some people theorise it s actually just too many victims for the ransomware gang to process. keep in mind these ransomware gangs operate much like businesses. they have a customer service line and there are people who are paid primarily to negotiate and interact with victims. but another possibility ....

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