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REvil, the ransomware group, strikes again, demanding $70 million in Bitcoin from 200 US firms

REvil, the ransomware group, strikes again, demanding $70 million in Bitcoin from 200 US firms

REvil, a ransomware hacking group that brought the networks of at least 200 American companies to a halt. This occurred on Friday and they demand $70 million in bitcoin (BTC, -2.73 %).

Ransomware Distributed Through Cloud

REvil had targeted Software supplier Kaseya as REvil’s first target. Subsequently, using the network-management package, they distributed the ransomware through the cloud, according to Australia’s ABC News on Saturday. Various reports state that there are over infected 1 million machines.

Dark Web Reports

  • A post on the dark web site Happy Blog states, “On Friday we launched an attack on [managed service providers].” “More than a million systems were infected.”

The Dread Of Ransom

The ransomware gang located in Russia is now seeking bitcoin in exchange for a decrypter for compromised machines.

REvil attacked Colonial Pipeline in May and succeeded in collecting a $5 million ransom from the firm. After its curtailed functioning and services this happened, resulting in a gas shortage in the United States.

Similarly, in a separate attack on May 30, JBS Holdings, the world’s largest meat producer by sales, paid an $11 million ransom to the same gang.

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