Ethiopia: Loan from United Nations Fund Allows Food and Agriculture Organization (FAO) to Scale Up Fertilizers for Farmers in TigrayRead more How Choosing the Right Printer Helps Small Businesses and Content Creators to Save Time, Maximise Productivity and Achieve GrowthRead more Eritrea: World Breastfeeding WeekRead more Eritrean community festival in Scandinavian countriesRead more IOM: Uptick in Migrants Heading Home as World Rebounds from COVID-19Read more Network International & Infobip to offer WhatsApp for Business Banking Services to Financial Institution Clients across AfricaRead more Ambassador Jacobson Visits Gondar in the Amhara Region to Show Continued U.S. Support for the Humanitarian and Development Needs of EthiopiansRead more Voluntary Repatriation of Refugees from Angola to DR Congo ResumesRead more Senegal and Mauritania Are Rich in Resources, Poor in Infrastructure, Now Is the Time to Change That Read more Madinat Jumeirah: Dubai’s Stunning Four Hotel Beach Resort Offers Unirvalled Benefits for Summer StaycationsRead more

Up to 1,500 firms affected in major ransomware attack, Kaseya says

show caption
As many as 1,500 businesses were affected by the major cyber-attack, Kaseya said./AFP
Print Friendly and PDF

Jul 06, 2021 - 09:37 AM

WASHINGTON — Up to 1,500 businesses around the world may have been affected by a major ransomware attack that has shuttered hundreds of Swedish supermarkets, according to the American IT company at the centre of the hack.

Miami-based firm Kaseya, which provides IT services to some 40,000 businesses globally, said customers of its clients were the main victims of the attack, which saw hackers demand $70 million in bitcoin in exchange for the return of stolen data.

“We understand the total impact thus far has been to fewer than 1,500 downstream businesses,” Kaseya said in an update on its website late Monday.

The tech company said only 60 of its own customers may have been affected by the ransomware attack — an increasingly lucrative form of digital hostage-taking in which hackers encrypt victims’ data and then demand money for restored access.

The attack — which experts believed was carried out by a Russian-speaking hacking outfit — compromised customers using Kaseya’s signature VSA software, which allows companies to manage networks of computers and printers from a single point.

Kaseya said it is preparing to release a VSA patch to its customers to bring their services back online as soon as possible after testing.

It will be released 24 hours after Kaseya’s servers that provide the software are brought back online, with a decision to be made on Tuesday morning, the update said.

The FBI is liaising with the company about improved security measures for its network and its customers’ systems after the attack, the firm added.

Sweden’s Coop supermarket chain was among the indirect victims of the attack, with its cash registers paralysed since Friday when its IT subcontractor, Visma Esscom, was hit.

Cybersecurity experts have identified firms affected by the hack in at least 17 countries, and the FBI said the scale of the attack is so large it may be “unable to respond to each victim individually.”

  • bio
  • twitter
  • facebook
  • latest posts

LMBCBUSINESS.COM uses both Facebook and Disqus comment systems to make it easier for you to contribute. We encourage all readers to share their views on our articles and blog posts. All comments should be relevant to the topic. By posting, you agree to our Privacy Policy. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, name-calling, foul language or other inappropriate behavior. Please keep your comments relevant and respectful. By leaving the ‘Post to Facebook’ box selected – when using Facebook comment system – your comment will be published to your Facebook profile in addition to the space below. If you encounter a comment that is abusive, click the “X” in the upper right corner of the Facebook comment box to report spam or abuse. You can also email us.