On Monday, the Justice Department announced the arrests and charges of hackers allegedly linked to a significant ransomware organization, as well as the recovery of more than $6 million extorted by the REvil group. The Treasury Department imposed sanctions against the hackers, and the State Department added REvil to a bounty program giving monetary incentives… Continue reading Authorities in U.S. and Europe Pursue Ransomware Hackers
Tag: REvil
State Department Offering Rewards Up to $10 Million to Curb Ransomware
The State Department will offer rewards up to $10 million for information leading to the identification of anyone engaged in foreign state-sanctioned malicious cyber activity, including ransomware attacks, against critical U.S. infrastructure. A task force set up by the White House will coordinate efforts to stem the ransomware scourge. The Biden administration is also out… Continue reading State Department Offering Rewards Up to $10 Million to Curb Ransomware
Biden Says Kaseya Ransomware Attack Caused ‘Minimal Damage’ to U.S. Companies
President Joe Biden said on Tuesday the ransomware attack centered on the Florida information technology firm Kaseya seems to have inflicted only “minimal damage” on American businesses. “It appears to have caused minimal damage to U.S. businesses, but we’re still gathering information,” Biden told reporters following a briefing from advisers. “I feel good about our… Continue reading Biden Says Kaseya Ransomware Attack Caused ‘Minimal Damage’ to U.S. Companies
Ransomware Hackers Demand $70 Million to Unlock Computers in Widespread Software Provider Attack
The boss of the company at the heart of a widespread hack that has affected hundreds of businesses said he briefed the White House and that attackers are demanding a single $70 million ransomware payment. The cyberattack that started to unfold Friday is estimated to have hit hundreds of mostly small and medium-size businesses and… Continue reading Ransomware Hackers Demand $70 Million to Unlock Computers in Widespread Software Provider Attack