Ransomware Attack Using Kaseya Software Affected Over 1500 Businesses Worldwide

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Approximately 1500 businesses around the world fell prey to a ransomware attack in world history. So far, it was the biggest attack in world history. Anything like this had never happened before. However, the attack was centered on US-based IT firm Kaseya, but others got affected as well.

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Ransomware Attack Using Kaseya Software Affected Over 1500 Businesses Worldwide
Source: BBC

Massive Ransomware Attack Affected Hundreds of Businesses Globally 

The biggest ransomware attack in history affected a lot of firms worldwide. Kaseya’s CEO, Fred Voccola said that they had to go through major losses. It is very hard for the firm to estimate the total damage of Friday’s attack. However, the attack mainly affected Kaseya’s customers. Kaseya is a US-based IT firm that sells software tools to IT outsourcing shops. They usually help those small firms that do not have enough resources to carry out their own work. Besides this, they also lack a tech department of their own.

Who are the Hackers and what did they Ruin?

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Sources say that the hackers belong to the notorious REvil Group. They used Kaseya’s VSA software that helps companies monitor their computer systems. However, the hacker group paralyzed hundreds of businesses over all five continents. The ransomware attack was quite a major one. Although it affected small operations such as an accountant or a dentist’s office. But it mostly affected supermarkets in Sweden. They had to close down as their system went inactive. Besides that, schools in New Zealand couldn’t conduct online classes.

Ransomware Attack Using Kaseya Software Affected Over 1500 Businesses Worldwide
Source: Business Insider

Hackers Demand Millions of Dollars in Return for Restoring of Data 

The hackers who carried out the ransomware attack demanded $70 million in order to restore the affected businesses’ data. Moreover, they got in touch with global news agencies and said they were ready to negotiate. They got in touch via chat. Although, they didn’t reveal their identity. The White House officials are also checking their data in order to ensure that national information is safe. However, Voccola hasn’t specified whether he’s accepting the hacker’s offer or not. Voccola refused to comment on dealing with terrorists.

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Shiwangi Arya
Bonjour! I am Shiwangi Arya; an aspiring journalist, writer, orator, and above all a keen learner. My love for writing is beyond everything else. On the empty canvas of life, I wish to paint my imaginations. My dreams are sky high and my ambitions even higher.

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