Biden: US damage appears minimal in big ransomware attack
3 years, 5 months ago

Biden: US damage appears minimal in big ransomware attack

Associated Press  

WASHINGTON — President Joe Biden said Tuesday that damage to U.S. businesses in the biggest ransomware attack on record appears minimal, though information remained incomplete. Answering a reporter’s question at a vaccine-related White House event, Biden said his national security team had updated him Tuesday morning on the attack, which exploited a powerful remote-management tool run by Miami-based software company Kaseya in what is known as a supply-chain attack. But Ryan Sherstobitoff, threat intelligence chief of the cybersecurity firm Security Scorecard, said REvil representatives claimed Saturday to have stolen data from hundreds of companies and were threatening to sell it if ransom demands of up to $5 million for bigger victims — they were seeking $45,000 per infected computer — were not met. REvil, previously best known for extorting $11 million from the meat-processing giant JBS after hobbling it on Memorial Day, broke into at least one Kaseya server after identifying a “zero day” vulnerability, cybersecurity researchers said.

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