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Latest Massive Ransomware Attack Has Hit More Than 1,000 Companies Worldwide (Update)

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Title : Latest Massive Ransomware Attack Has Hit More Than 1,000 Companies Worldwide (Update)
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Latest Massive Ransomware Attack Has Hit More Than 1,000 Companies Worldwide (Update)

 

Bloomberg: Massive Ransomware Attack May Impact Thousands of Victims 

(Bloomberg) -- Just weeks after President Joe Biden implored Vladimir Putin to curb cyber crime, a notorious, Russia-linked ransomware gang has been accused of pulling off an audacious attack on the global software supply chain. 

REvil, the group blamed for the May 30 ransomware attack of meatpacking giant JBS SA, is believed to be behind hacks on at least 20 managed-service providers, which provide IT services to small- and medium-sized businesses. 

More than 1,000 businesses have already been impacted, a figure that’s expected to grow, according to the cybersecurity firm Huntress Labs Inc.

“Based on a combination of the service providers reaching out to us for assistance along with the comments we’re seeing in the thread we are tracking on our Reddit, it’s reasonable to think this could potentially be impacting thousands of small businesses,” according to John Hammond, a cybersecurity researcher at Huntress Labs.

Biden said he had ordered a “deep dive” by U.S. intelligence officials on what happened in the attacks. At this point, he said “we’re not sure” that Russia is behind them.  

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WNU Editor: As cyber attacks go, this is probably the biggest one in history

More News On The Latest Ransomware Attack  

Hacking Attack Likely Hit Thousands of New Targets -- WSJ 

Ransomware hits hundreds of US companies, security firm says -- AP 

Biden orders probe of latest ransomware attack -- Reuters  

Cyber attack on US businesses through Kaseya software to be investigated for Russia links -- ABC News (Australia) 

Cyber attack against U.S. IT provider forces Swedish chain to close 800 stores -- Reuters  

Russian-based hackers launch cyberattack on at least 200 IT management firms in the US and demand $5M in ransom despite Biden's threat to Putin of 'retaliation' -- Daily Mail



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