Hackers Demand $70 Million in Ransomware Attack Hitting 200+ Companies

Hacker group REvil has demanded $70 million in Bitcoin in exchange for the decryption key used to prevent more than 200 companies from accessing critical files and information.

The group’s latest ransomware campaign struck on July 2 when an IT management solutions provider called Kaseya said it was investigating an attack on its VSA remote software monitoring and management tool. The company estimated that 40 of its customers were affected, but many of those businesses had clients of their own.

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