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Hackers demand $70 mln to restore data held by companies hit in cyberattack - blog
Reuters ^ | 7-5-21 | Raphael Satter

Posted on 07/05/2021 8:23:38 AM PDT by dynachrome

Hackers suspected to be behind a mass extortion attack that affected hundreds of companies worldwide late on Sunday demanded $70 million to restore the data they are holding ransom, according to a posting on a dark web site.

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.

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.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: hackers; internet; ransomware; revil
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Pretty cheap since the gov't is spending trillions.
1 posted on 07/05/2021 8:23:38 AM PDT by dynachrome
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To: dynachrome

“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 (SOPH.L).”


2 posted on 07/05/2021 8:25:06 AM PDT by dynachrome ("I will not be reconstructed, and I do not give a damn.")
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To: dynachrome

The Cloud is responsible for this.


3 posted on 07/05/2021 8:27:14 AM PDT by Revel
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To: Revel

You don’t trust microsoft?/s


4 posted on 07/05/2021 8:27:55 AM PDT by dynachrome ("I will not be reconstructed, and I do not give a damn.")
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To: Revel
The Cloud is responsible for this.

like guns are responsible for shootings comrade?
5 posted on 07/05/2021 8:32:14 AM PDT by bankwalker (groupthink kills ...)
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To: dynachrome

Exactly what “letters of marque and reprisal” are for.


6 posted on 07/05/2021 8:32:37 AM PDT by ctdonath2 (All worry about monsters that'll eat our face, but it's our job to ask WHY it wants to eat our face.)
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To: Revel
The Cloud is responsible for this.

Incorrect. The ransomware hackers are responsible for this.

Followed by the I.T. Professionals that are responsible to secure the servers, networks and desktops their organizations use.

7 posted on 07/05/2021 8:34:15 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: dynachrome
Strangely, this ransomware just took off weeks after Biden was sworn in.

Coincidence?

8 posted on 07/05/2021 8:34:50 AM PDT by rdcbn1
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To: dynachrome

Why can’t these guys ever hit the IRS? They hold us ransom every single year!


9 posted on 07/05/2021 8:35:25 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Revel

The cloud is actually more secure than privately managed data centers. At least the ones from the top providers (AWS, Azure, Google).


10 posted on 07/05/2021 8:37:59 AM PDT by libh8er
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To: dynachrome

Find them and eliminate all involved after interrogating them at length in a third neutral country and then execute them and place the video on the internet for all to see how any other extortionists or wannabe extortionist will be treated no matter nationality or age.


11 posted on 07/05/2021 8:38:29 AM PDT by Ron H.
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To: dynachrome

Why can’t our see-all hear-all govt agencies catch these people?


12 posted on 07/05/2021 8:40:36 AM PDT by SaxxonWoods ( comment might be sarcasm, or not. It depends. Often I'm not sure either.)
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To: usconservative
Followed by the I.T. Professionals that are responsible to secure the servers,

Problem is that they work nine to five and then go home. These hackers, if I understand correctly, are working in scattered groups around the world? They work 24/7.

Affected companies are going to have to loosen the pursestrings to get the protection they need. If somebody can write the software, somebody can hack it.

13 posted on 07/05/2021 8:41:39 AM PDT by LouAvul (Lying headlines from fake news articles written by pimps masquerading as journalists.)
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To: unixfox

“Why can’t these guys ever hit the IRS? They hold us ransom every single year!”

And the IRS does it at gunpoint and threat of imprisonment not just withholding of data.


14 posted on 07/05/2021 8:46:13 AM PDT by Bonemaker (invictus maneo)
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To: bankwalker

When you put your data in “the cloud” you no longer own or control it.

Doesn’t seem that smart to me.

Among other things, owners of “the cloud” can decide that your business is unworthy and turn your service off, like what Shopify did to gun dealers.

https://www.cbc.ca/news/business/shopify-firearms-ban-1.4786060


15 posted on 07/05/2021 8:48:50 AM PDT by E. Pluribus Unum ("Communism is not love. Communism is a hammer which we use to crush the enemy." ― Mao Zedong)
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To: dynachrome

How much is that in rubles?


16 posted on 07/05/2021 8:49:00 AM PDT by bigbob
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To: LouAvul

The problem is that users insist on easy-to-use solutions and balk at security measures. They have the ears of the VP’s. The cure for ransomware is backups and no one wants to do them. The other solution is to only make browsers available via VM’s and users won’t tolerate that either.

That’s why I would never work in IT Security. If you are good, people think you are a PITA and if anyone allows themselves to get pwn3d, that is also your fault


17 posted on 07/05/2021 8:54:57 AM PDT by AppyPappy (How many fingers am I holding up, Winston? )
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To: dynachrome

Even hackers realize the dollar is near worthless.


18 posted on 07/05/2021 9:11:30 AM PDT by Salvavida
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To: dynachrome

There is going to be trouble if any of these were on Biden’s List


19 posted on 07/05/2021 9:17:10 AM PDT by dmet
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To: unixfox

EXCELLENT idea!


20 posted on 07/05/2021 9:41:51 AM PDT by Karoo
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