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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 ....

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Scale, details of massive Kaseya ransomware attack emerge


By FRANK BAJAK
AP Technology Writer
BOSTON (AP) — Cybersecurity teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit.
An affiliate of the notorious REvil gang, best known for extorting $11 million from the meat-processor JBS after a Memorial Day attack, infected thousands of victims in at least 17 countries on Friday, largely through firms that remotely manage IT infrastructure for multiple customers, cybersecurity researchers said. They reported ransom demands of up to $5 million.
The FBI said in a statement Sunday that it was investigating the attack along with the federal Cybersecurity and Infrastructure Security Agency, though “the scale of this incident may make it so that we are unable to respond to each victim individually.” ....

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Kaseya ransomware attack by REvil affiliate called biggest on record


President Biden suggested Saturday the U.S. would respond if it was determined that the Kremlin is at all involved. He said he had asked the intelligence community for a “deep dive” on what happened. 
The attack comes less than a month after Biden pressed Russian President Vladimir Putin to stop providing safe haven to REvil and other ransomware gangs whose unrelenting extortionary attacks the U.S. deems a national security threat.
A broad array of businesses and public agencies were hit by the latest attack, apparently on all continents, including in financial services, travel and leisure and the public sector – though few large companies, the cybersecurity firm Sophos reported. Ransomware criminals break into networks and sow malware that cripples networks on activation by scrambling all their data. Victims get a decoder key when they pay up. ....

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