Hackers Behind Kaseya Cyberattack Demand $70 Million Ransom to Restore Data

The Kaseya hack has affected hundreds of companies worldwide.

Advertisement
By Reuters | Updated: 5 July 2021 14:31 IST
Highlights
  • The gang has an affiliate structure
  • About a dozen different countries were affected by the ransomware attack
  • The impact of the intrusion is still coming into focus

Ransom-seeking hackers have tended to favour more focused shakedowns against single, high-value targets

Hackers suspected to be behind a mass extortion attack that affected hundreds of companies worldwide late on Sunday demanded $70 million (roughly Rs. 520 crores) to restore the data they are holding ransom, according to a posting on a dark website.

The demand was posted on a blog typically used by the REvil cybercrime gang, a Russia-linked group that is counted among the cybercriminal world's most prolific extortionists.

Advertisement

The gang has an affiliate structure, occasionally making it difficult to determine who speaks on the hackers' behalf, but Allan Liska of cybersecurity firm Recorded Future said the message "almost certainly" came from REvil's core leadership.

The group has not responded to an attempt by Reuters to reach it for comment.

Advertisement

REvil's ransomware attack, which the group executed on Friday, was among the most dramatic in a series of increasingly attention-grabbing hacks.

The gang broke into Kaseya, a Miami-based information technology firm, and used their access to breach some of its clients' clients, setting off a chain reaction that quickly paralysed the computers of hundreds of firms worldwide.

Advertisement

An executive at Kaseya said the company was aware of the ransom demand but did not immediately return further messages seeking comment.

About a dozen different countries were affected, according to research published by cybersecurity firm ESET.

Advertisement

In at least one case, the disruption spilled out into the public domain when Swedish Coop grocery store chain had to close hundreds of stores on Saturday because its cash registers had been knocked offline as a consequence of the attack..

Earlier on Sunday, the White House said it was reaching out to victims of the outbreak "to provide assistance based upon an assessment of national risk."

The impact of the intrusion is still coming into focus.

Those hit included schools, small public-sector bodies, travel and leisure organizations, credit unions and accountants, said Ross McKerchar, chief information security officer at Sophos Group Plc.

McKerchar's company was one of several that had blamed REvil for the attack, but Sunday's statement was the group's first public acknowledgement that it was behind the campaign.

Ransom-seeking hackers have tended to favour more focused shakedowns against single, high-value targets like Brazilian meatpacker JBS, whose production was disrupted last month when REvil attacked its systems. JBS said it ended up paying the hackers $11 million (roughly Rs. 80 crores).

Liska said he believed the hackers had bitten off more than they could chew by scrambling the data of hundreds of companies at a time and that the $70 million (roughly Rs. 520 crores) demand was an effort to make the best of an awkward situation.

"For all of their big talk on their blog, I think this got way out of hand," he said.

© Thomson Reuters 2021


Windows 11 has been unveiled, but do you need it? We discussed this on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.
Affiliate links may be automatically generated - see our ethics statement for details.
 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Google's Fitbit Air Spotted on Amazon India Ahead of Official Launch
  2. Samsung Announces 'Back to School' Deals Across These Devices in India
  3. Moto Pad 70 Groove Launching in India on July 31: Here's What It Offers
  4. Portronics Pure Sound Pro X2 With 150W Audio Output Launched in India
  5. Xiaomi Power Bank 5i 20000mAh to Launch in India on This Date
  6. Apple Hikes Apple Music, Apple One Subscription Prices in India
  1. Google's Fitbit Air Spotted on Amazon India Ahead of Official Launch
  2. Google Reportedly Begins Rolling Out Android Backup Storage Policy Update
  3. Telegram Gets New Rich Text Editor, Communities, and Ephemeral Bot Messages
  4. Samsung's 'Back to School' Sale Brings Discounts on Galaxy S26 Series, Galaxy Book 6 Pro, Galaxy Tab S11 Ultra and More
  5. Moto Pad 70 Groove India Launch Date Announced; to Feature 9-Speaker JBL Audio System
  6. Xiaomi Power Bank 5i 20000mAh India Launch Date Confirmed; Key Features, Availability Details Revealed
  7. Portronics Pure Sound Pro X2 Home Theatre System Launched in India With 150W Sound Output, Four EQ Modes
  8. Samsung Galaxy Watch 9, Galaxy Watch Ultra 2 Design, Key Specifications Reportedly Leak Ahead of Launch
  9. Oppo K14, K14x and A6s Reportedly Receive Price Hikes in India: Check New Pricing
  10. Oppo A7 Pro Max Tipped to Feature 10,000mAh Battery, Snapdragon 4 Gen 5 SoC, and More
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.