REvil Asks $ 70 Million In Bitcoin After Ransomware Attack

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Key takeaways The notorious REvil cybercriminal gang has taken over hundreds of businesses around the world in a sophisticated ransomware attack. The group has requested $ 70 million in Bitcoin for a key to help affected users recover their systems. The US government says it is looking into the matter. Share this article

Russian cybercriminal group REvil demands a $ 70 million Bitcoin ransom after carrying out a major ransomware attack in the United States and Europe.

A colossal ransomware attack

Group of hackers demand $ 70 million worth of Bitcoin to stop major ransomware attack.

The group claims to have infected more than a million systems. It has closed more than 500 stores of the Coop supermarket chain in Sweden alone.

The attackers were identified as the Russian group REvil. Details of the hack were shared on the group’s dark web portal earlier today. The group is demanding $ 70 million in Bitcoin as a ransom for a “universal decryptor” that would allow owners of infected systems to recover from the attack.

Source: Reddit

The main software provider Kaseya Ltd. and the governments of at least 17 countries have been working since Friday to break the encrypted lock on thousands of affected computers. Kaseya wrote in a Sunday blog post:

“Due to the rapid response from our teams, we believe this has been traced to a very small number of onsite customers only. ”

However, its users did not receive a green signal to restart their operations. The company suggested a shutdown on Friday.

Miami-based IT solutions providers reported earlier today that hackers had wiped out only a “small portion” of its total customer base, about 40 of more than 40,000 customers worldwide. However, the 40 targets are distributors to hundreds of small businesses around the world, representing 50-60% of the company’s user base. These include Coop in Sweden, a surgeon in Germany and many other small businesses such as “dental offices, architectural practices, plastic surgery centers, libraries”, most of which are located in United States. Experts have suggested that this could be the biggest ransomware attack. never.

REvil has grown into one of the most sophisticated online gangs in the world after its first major $ 11 million ransomware attack from JBS Meat Processor after Memorial Day this year.

A week later, the group targeted a major oil pipeline in the United States, blocking supplies to about 14 U.S. states. Nonetheless, the FBI was able to recover the Bitcoin ransom within days of the $ 2.3 million payment.

The FBI over the weekend released a statement confirming that it was investigating the attack with the Cybersecurity and Infrastructure Security Agency (CISA), noting that the “potential scale” of the incident could make responding to individual victims difficult. . Deputy National Security Advisor for Cybercrime Anne Neuberger said in a press release that President Biden had “directed all government resources to investigate this incident.”

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