Hackers demand $70 million to end biggest ransomware attack on record – CBS News

An affiliate of the notorious REvil gang, best known for extorting $11 million from the meat-processor JBS after a Memorial Day attack, infected thousands of victims in at least 17 countries on Friday, largely through firms that remotely manage IT infrastructure for multiple customers, cybersecurity researchers said.

REvil was demanding ransoms of up to $5 million, the researchers said. But late Sunday it offered in a posting on its dark web site a universal decryptor software key that would unscramble all affected machines in exchange for $70 million in cryptocurrency.

Earlier, the FBI said in a statement  that while it was investigating the attack its scale “may make it so that we are unable to respond to each victim individually.” Deputy National Security Advisor Anne Neuberger later issued a statement saying President Joe Biden had “directed the full resources of the government to investigate this incident” and urged all who believed they were compromised to alert the FBI.

Mr. Biden suggested Saturday the U.S. would respond if it was determined that the Kremlin is at all involved. Less than a month ago, he pressed Russian President Vladimir Putin to stop giving safe haven to REvil and other ransomware gangs whose unrelenting extortionary attacks  the U.S. deems a national security threat.

On Monday, Putin spokesman Dmitry Peskov was asked if Russia was aware of the attack or had looked into it. He said no, but suggested it could be discussed by the U.S. and Russia in consultations on cybersecurity issues for which no timeline has been specified.

Source: Hackers demand $70 million to end biggest ransomware attack on record – CBS News

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