• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Monday, August 17, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Kaseya ransomware attack affected at least 1,500 businesses

by Manasi Varma
July 6, 2021
in News
Reading Time: 2 mins read
0
From Cashless to Moneyless: Inviting Hackers through Demonetization !
TwitterWhatsappLinkedin

When American IT provider Kaseya was hacked late last week, ripples had been seen throughout the world. And now, it has come to light that at least 1,500 business across the globe have been hit by what has been deemed to be the biggest ransomware attack in history. The Kaseya ransomware attack has been linked back to hackers having ties with Russia, who targeted a software that has been developed by the company, and is used by thousands of firms in different countries.

You might also like

How Health Insurance Can Help during Repeated Medical Follow-Ups

US Appeals Court Revives $565 Mn Devas Compensation Award Against Antrix

Weekly Tech Updates: Everything From Robotaxis And Humanoids To The $500 Bn AI Buildout

Fred Voccola, the CEO at Kaseya has said that they are still in the process of estimating how many have been affected by the attack.

Thousands Affected

Thousands of small and medium-scale companies rely on the technology provided by Kaseya, which is distributed through a network of outsourcers.

Kaseya ransomware attack
Image Credits: Kaseya

The hack is believed to have been work of Russian cybercriminal group REvil, which has since proceeded to demand thousands of millions of dollars as ransom from the software’s end users, most of whom are financially not strong enough to pay up such large sums.

At least 17 countries were affected due to the Kaseya ransomware attack on Friday. Out of these, New Zealand and Sweden have been very badly hit, with the former country having to close down kindergartens and schools since they could not access the online classes. Meanwhile, the latter saw thousands of supermarkets, notable among them being grocery chain Coop, having to shut down, as they could not operate their payment registers.

$70 Million in Return for Restoring Data

The hackers have claimed responsibility for the breach, and have proceeded to demand a hefty sum of $70 million, in exchange for restoring the data of the affected businesses, through a representative that contacted news platform Reuters.

The hackers had previously also attacked meat-processing firm JBS, and had managed to extort a sum worth $11 million.

Investigations are On

The FBI had said last week that it was investigating the issue in collaboration with the Federal Cybersecurity and Infrastructure Security Agency. At the same time, it had also issued a disclaimer of sorts, saying that the scale of the attack might make it impossible for them to address each and every victim individually.

Meanwhile, the White House too has stepped in to assess the situation, and on Sunday said that it is currently assessing the effect that the hack has had, to see whether any issue of national threat may arise. However, Voccola has said that so far, no national authority has been affected.

 

Tags: KaseyaREvil
Tweet54SendShare15
Previous Post

Ethereum on exchanges are at a 2-year low right now

Next Post

Switzerland’s bank UBS warns crypto investors about regulatory crackdown

Manasi Varma

A 20-something year old with a flair for writing, a love for reading, and an obsession for KPop. Most amicable person you'll ever meet.

Recommended For You

How Health Insurance Can Help during Repeated Medical Follow-Ups

by Arundhati Kumar
August 17, 2026
0
How Health Insurance Can Help during Repeated Medical Follow-Ups

Repeated medical follow-ups often become part of recovery, chronic condition management, or post-treatment monitoring. Each visit may bring fresh consultation charges, tests, medicines, or therapy expenses, even when...

Read more

US Appeals Court Revives $565 Mn Devas Compensation Award Against Antrix

by Ishaan Negi
August 15, 2026
0
US Appeals Court Revives $565 Mn Devas Compensation Award Against Antrix

A long-running legal battle between Indian startup Devas Multimedia and Antrix Corporation, the commercial arm of the Indian Space Research Organisation (ISRO), has taken another turn in the...

Read more

Weekly Tech Updates: Everything From Robotaxis And Humanoids To The $500 Bn AI Buildout

by Ishaan Negi
August 15, 2026
0
Weekly Tech Updates: Everything from Cloudfare Outage to X’s ‘Chat’ Debut

Uber And Pony.ai Take Robotaxis Global Uber is accelerating its robotaxi ambitions through an expanded partnership with autonomous-driving company Pony.ai. The companies plan to deploy 2,000 Pony.ai self-driving...

Read more
Next Post
Image Credits: Getty Images

Switzerland's bank UBS warns crypto investors about regulatory crackdown

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?