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Bitcoin Ransom

SA Firms Struck by Massive $70-Million Ransomware Attack

Sourced from Kaspersky Companies in 17 countries, including South Africa, the UK, Canada, Argentina, Mexico and Spain, have been struck by a mass ransomware attack exploiting multiple previously unknown vulnerabilities in IT management software made by Kaseya, an American software company that develops software for managing networks, systems, and information technology infrastructure. REvil – The Alleged Threat Actors Cybersecurity researchers are claiming that the attacker is a Russia-based hacking group who call themselves REvil. They are also known as “the Sodinokibi ransomware gang”, according to global cybersecurity and digital privacy firm, Kaspersky. The group has demanded a ransom of $70-million to be paid in Bitcoin. Kaspersky claims that it has identified some threats from REvil’...