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REvil demands $ 70 million in Bitcoin after multinational impact cyberattack

The hacking group behind the Kaseya ransomware assault has demanded $ 70 million in Bitcoin in trade for a “common decryptor” that it says would unlock the information of all victims.

Final Friday, July 2, the REvil hacker group launched an assault towards the American firm Kaseya after making the most of a flaw in its administration software program, utilized by lots of its shoppers.

An assault concentrating on Kaseya with multinational impact

Though the “provide chain” assault initially centered on Kaseya, earlier than spreading throughout company networks utilizing its software program, the corporate famous that fewer than 40 of its personal clients had been affected.

Bitcoin cash theft

Bitcoin money theft

Nevertheless, the North American firm gives software program to managed service suppliers, corporations that present outsourced IT providers to different corporations.

Confronted with this situation, the variety of victims could be a lot largerThese embody 500 Swedish Coop supermarkets and 11 colleges in New Zealand, as reported by the BBC

For its half, the preliminary evaluation of the IT safety firm ESET signifies that greater than a dozen nations have been affected, amongst them: Spain, Mexico, Colombia and Argentina.

Figure 1. Victims by countryFigure 1. Victims by country

REvil demands $ 70 million in Bitcoin

The hacker group has demanded $ 70 million in BTC to reverse the ransomware assault.

Each the determine and the selection of Bitcoin to demand the ransom has prompted debate on crypto Twitter. BBC correspondent Rory Cellan-Jones tweeted:

“One of many greatest ransomware gangs remains to be pleased to just accept Bitcoin in place of different much less traceable cryptocurrencies.”

Source: <a href= Twitter ” src=”” data-src=”https://s.yimg.com/ny/api/res/1.2/VfOu9AXDv.wqnYQW7lqmmg–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTgwOS45NDk1Nzk4MzE5MzI3/https://s.yimg.com/uu/api/res/1.2/Jbj.8wOvcDLwYIu0vw1E2A–~B/aD01MDI7dz01OTU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/es/beincrypto_es_147/90cfc5a6c6905ac77bf688a7fa7ede9e”/>Source: <a href= Twitter ” src=”https://s.yimg.com/ny/api/res/1.2/VfOu9AXDv.wqnYQW7lqmmg–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTgwOS45NDk1Nzk4MzE5MzI3/https://s.yimg.com/uu/api/res/1.2/Jbj.8wOvcDLwYIu0vw1E2A–~B/aD01MDI7dz01OTU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/es/beincrypto_es_147/90cfc5a6c6905ac77bf688a7fa7ede9e” class=”caas-img”/>

Hackers usually choose Monero

Tom Robinson, founder and scientist at Elliptic, advised the BBC that he had noticed that REvil continued to barter with particular person shoppers for smaller ransoms of roughly $ 200,000.

On the similar time he highlighted that REvil most well-liked to make use of Monero (XMR), However it might be troublesome to purchase $ 70 million price of XMR for sensible and regulatory causes. Regardless of this explicit ingredient, he famous:

“An increasing number of ransomware operators are asking for Monero.”

REvil submit demands $ 70 million in Bitcoin after multi-national impact cyber assault was first seen on BeInCrypto.

About the author

Donna Miller

Donna is one of the oldest contributors of Gruntstuff and she has a unique perspective with regards to Science which makes her write news from the Science field. She aims to empower the readers with the delivery of apt factual analysis of various news pieces from Science. Donna has 3.5 years of experience in news-based content creation, and she is now an expert at it. She loves journalism, and that is the reason, she moved from a web content writer to a News writer, and she is loving it. She is a fun-loving woman who has very good connections with every team member. She makes the working environment cheerful which improves the team’s work productivity.

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